Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

ABB Ltd (OTCPK:ABBNY) is evaluating a possible sale of its robotics unit as an alternative to a spinoff it announced last month. ABB (OTCPK:ABBNY) is close to hiring advisers for a potential sale as ...

The deal is expected to be finalised in mid to late 2026, subject to regulatory approvals and closing conditions. Japanese multinational investment company SoftBank Group Corp has announced plans to ...

ABB expands OmniCore robot controller family with two new controllers: E10 and V250XT for an even wider range of manufacturing applications Faster performance and enhanced flexibility enable improved ...

Read more: Timeline: Switzerland and the war in the Middle East since October 7, 2023 UBS gaining support for compromise on Swiss capital rules Read more: UBS gaining support for compromise on Swiss ...

SoftBank Group reached a deal to acquire ABB’s industrial robot business for $5.4 billion, as chair Masayoshi Son steps up aggressive investments in AI data centres, chips and robotics. The deal is ...

Swiss conglomerate ABB is reevaluating plans to spin off its robotics division and is now exploring a possible sale instead, sources familiar with the matter said. The move represents a significant ...

ABB Ltd. has selected Bank of America Corp. and UBS Group AG to arrange a potential deal for its robotics unit, according to people familiar with the matter. The banks are working with ABB on ...

The company said the acquisition was signed on July 19 and is expected to close in mid-summer 2021. ASTI’s AMR portfolio includes autonomous towing vehicles, goods-to-person solutions, unit carriers ...

ABB Ltd (OTCPK:ABBNY) is evaluating a possible sale of its robotics unit as an alternative to a spinoff it announced last month. Swiss industrial group ABB last month announced plans to spin off its ...