AUBURN HILLS, Mich. — ABB strengthened its commitment to one of its largest customer markets — the U.S. — with construction starting on the expansion of its existing North American robotics ...
ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like ...
ZURICH--(BUSINESS WIRE)--ABB has acquired Codian Robotics B.V., a leading provider of delta robots, which are used primarily for high-precision pick and place applications. Codian Robotics’ offering ...
“With global mega trends including direct-to-consumer commerce and labor shortages driving demand for robots as companies look to move their operations closer to home, there is a growing demand for ...
Following ABB’s acquisition of ASTI Mobile Robotics in July 2021, the company showcased ASTI’s autonomous mobile robots (AMRs) as part of its exhibit at Modex 2022 in Atlanta. In its exhibit, ABB ...
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 ...
Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to 7% ...
Zurich-based robotics 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 ...
ABB Robotics has launched its 2024 Robotics AI Startup Challenge, a global competition designed to accelerate the development of artificial intelligence (AI) solutions in robotics. The challenge is ...
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 ...
Autonomous mobile robots are now part of portfolio with robotics and machine automation products, to ad-dress opportunities and challenges presented by individualization and labor and supply-chain ...
ABB's growth outlook after major restructuring. ABBNY's CMD presentation was modestly disappointing. See how its strategy compares to rivals like Siemens.