SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and artificial ...

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder Masayoshi Son’s drive to fuse advanced AI with industrial robots.

SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

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SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...

ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis ...

If you’re holding ABB stock or wondering if now is the right moment to buy, you’re definitely not alone. With a closing price of $59.2, ABB has been turning heads. The company’s shares nudged up 1.4% ...

SoftBank will buy ABB's robotics division for $5.4 billion, aiming to grow its AI and automation business; the deal is expected to close by mid- to late-2026, pending approvals ...

ABB Robotics has added a Generative AI Robotics feature to its RobotStudio Suite, aimed at making robot programming software ...

ABB has opened a new facility in Alpharetta, Georgia, to serve as the company’s dedicated center for robotic automation in the logistics and packaging industries. An example of an ABB autonomous ...

SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...