Featured image courtesy of ABB. Electrification and automation manufacturing conglomerate ABB announced plans to spin off its robotics division, marking its largest portfolio shift since divesting its ...

SoftBank Group is set to acquire ABB's robotics division for $5.4 billion, strengthening its commitment to merging AI and robotics. ABB shifts focus to electrification and automation after struggling ...

Spurred by China's rapid advances in artificial intelligence, Swiss technology company ABB Group will ramp up its innovation efforts in the robotics sector to outpace its rivals in the country's ...

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 ...