In a bold move to accelerate innovation in the robotics industry, ABB has announced a strategic partnership with Bank of America (BofA) and UBS. This collaboration marks a significant step for ABB, a ...
Swiss conglomerate ABB is reevaluating plans to spin off its robotics division and is now exploring a possible sale instead, sources familiar with the matter said. The move represents a significant ...
ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...
Yesterday, ABB Ltd (OTC:ABBNY) disclosed the acquisition of Swiss start-up Sevensense for an undisclosed amount. The buyout of Sevensense, a provider of AI-enabled 3D vision navigation technology for ...
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 ...
ABB, a Zurich-based automation technology provider, Wednesday opened a $20 million expansion to its U.S. robotics headquarters in Auburn Hills, Mich. The move comes as demand for automation grows not ...
ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...
ABB’s is the world’s among the world’s largest developers of industrial robots, with robots of multiple sizes and functions, autonomous mobile robots, programming software, and robotic applications.
A new feature, called Ultra Accuracy, has been added to ABB’s GoFa cobot family to deliver what ABB says is “the highest level of precision available in cobots.” According to ABB, the robot path ...
ABB is well-positioned for growth due to secular megatrends like electrification, automation, and robotics, despite recent share price declines and macroeconomic uncertainties. The planned spin-off of ...
ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...