SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...
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. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...
Investing.com -- Swiss engineering giant ABB Ltd (SIX: ABBN) on Wednesday said that it has agreed to sell its robotics business to Japanese technology conglomerate SoftBank Group Corp. (TYO: 9984) for ...
ZURICH/TOKYO (Reuters) -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 ...
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