SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.

ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO ...

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 ...

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 ...

Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a ...

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

ABB has opened a new facility in Alpharetta, Georgia, to serve as the company’s dedicated center for robotic automation in the logistics and packaging industries. An example of an ABB autonomous ...

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.