Tokyo-headquartered SoftBank Group has become well known in recent years for big money acquisitions made through its $100bn Vision Fund, said to be the world's largest technology-focused venture ...
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 Ltd., a Swedish-Swiss multinational corporation in the field of electrical engineering, attracted Bank of America Corp. and UBS Group AG to conclude a potential deal to separate or sell the ...
ZURICH, Oct 16 (Reuters) - Swiss engineering company ABB (ABBN.S), opens new tab said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to ...
SoftBank's plan to acquire ABB's robotics division for nearly US$5.4 billion by 2026 signals a significant shift in the global robotics landscape. The acquisition marks SoftBank's strategic move into ...
Originally introduced to handle highly repetitive, low-weight tasks such as machine tending, assembly, and smaller packaging operations alongside humans, collaborative robots (cobots) have been ...
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% ...
ABB Ltd., a Swedish-Swiss multinational corporation in the field of electrical engineering, plans to spin off a robotics division in 2026. This is reported in a press release from ABB. The decision to ...