New line has integrated cutting-edge automation to enhance productivity, safety and quality, aligning with Industry 4.0 standards. VSDs production capacity increased 25% ...

According to Lombardo, Tesla is still a major force in the EV industry, but the road ahead looks bumpier. Tax credits are shrinking, rival automakers are launching more competitive models, and price ...

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. Ciara Lee reports.

AUSTIN, Texas, October 14, 2025--(BUSINESS WIRE)--Diligent Robotics, the category-defining robotics company behind hospital robot assistant Moxi, today announced it has been accepted into the AgeTech ...

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.

Regal Rexnord Corp. joined forces with automation leader ABB Robotics to simplify integration of its GoFa cobots into 7th Axis Cobot Transfer Units (CTUs). The CTUs come from Thomson, one of Regal ...

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ABB Ltd ( (CH:ABBN)) has provided an ...

The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...

The deal will see ABB carve out its robotics business, which employs around 7,000 people and generated $2.3 billion in revenue in 2024, into a new holding company before transferring ownership to ...

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 ...

SoftBank Group has agreed to acquire the robotics business of Swiss engineering group ABB for $5.4 billion, marking a major step in the Japanese investor's strategy to merge robotics and artificial ...

[TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal. The deal marks a major push by SoftBank founder and ...