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 ...

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 ...

Softbank is planning to bundle a bouquet of existing bets together into a new venture at the intersection of AI and robotics.

Automation technology from ABB Ltd has helped construct Japan’s first 3D-printed railway station building, assembled overnight between the last train of the day and the first train the following ...

Spurred by China's rapid advances in artificial intelligence, Swiss technology company ABB Group will ramp up its innovation ...

Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.

ZURICH, July 2 (Reuters) - ABB (ABBN.S), opens new tab is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to ...

SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.

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 ...