Swiss energy and tech conglomerate ABB has agreed to acquire Dublin-based electrical engineering consultancy Premium Power. ABB, the world’s biggest supplier of industrial motors and power grids, said ...

ZURICH, Jan 29 (Reuters) - ABB shares surged on Thursday after the Swiss engineering group posted record quarterly order intake and gave a confident outlook for 2026, saying customers were investing ...

Power equipment manufacturer ABB has invested in OctaiPipe, a UK-based AI firm focused on optimizing data center cooling systems. As part of the deal, ABB will take a minority stake in OctaiPipe. Full ...

SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...

Pang Zhibo, a leading expert on industrial chips and robots with high-end manufacturing giant ABB in Sweden, has returned to China and joined Peking University as a fully tenured professor. As ABB’s ...

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...

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 ...

The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...

SoftBank Group said today 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 Masayoshi Son into ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...