Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a ...

ZURICH (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...

ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like ...

Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.

Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued ...

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...

Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

ABB’s is the world’s among the world’s largest developers of industrial robots, with robots of multiple sizes and functions, autonomous mobile robots, programming software, and robotic applications.

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...