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 (OTCPK:ABBNY) will divest its robotics division to SoftBank (OTCPK:SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately ...
Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI. Unlike digital AI, which works in the ...
Zurich-based manufacturing giant ABB Ltd. is planning to invest $20 million and create 72 jobs at its Auburn Hills, Mich., plant in response to the growth of automation in the automotive industry and ...
Japanese conglomerate SoftBank said on Wednesday that it agreed to buy the robotics division of the Swiss-based engineering company ABB for $5.4 billion, in a push to strengthen its artificial ...
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