SoftBank Group said today it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal.

Japan’s SoftBank said on Wednesday that it has agreed to buy the robotics business of Swiss engineering company ABB for ...

The deal is expected to be finalised in mid to late 2026, subject to regulatory approvals and closing conditions. Japanese multinational investment company SoftBank Group Corp has announced plans to ...

Investing.com-- Swiss engineering giant ABB Ltd (SIX:ABBN) on Wednesday said it agreed to sell its robotics unit to SoftBank Group Corp. (TYO:9984) for an enterprise value of $5.38 billion, dropping ...

ABB is selling its robotics division to the Japanese investor SoftBank Group (SBG) for $5.375bn. In doing so, it has decided ...

The industrial robot rollout across the globe neared a record in 2024 with 542,000 installations — more than double the ...

Removing the tiny eyes that pockmark potatoes is dull, repetitive and time-consuming work – perfect, it would seem, for robots in a country where the population is declining and workers are ...

A subsidiary of Tokyo Electric Power Company Holdings Inc. responsible for electricity transmission and distribution unveiled Oct. 6 a four-l ...

The nursing robots market is poised for growth due to the aging population, nurse shortages, and increased healthcare spending. Key opportunities lie in elderly care, hospital task automation, and ...

Toyota Motor Corp. on Thursday launched an experimental "city" in central Japan where self-driving vehicles, delivery robots and personal transporters operate to provide services to residents, marking ...

We may soon have to add robots to the list of disenfranchised groups who need to fight to have their right to marry recognised after two robots in Japan ‘decided’ to get married in front of a rather ...

Robots that can chat, find misplaced glasses, draw aeroplanes and play with your children are attracting thousands of visitors during an expo in Tokyo as Japan adapts to changes in society. Robots, ...