In an unexpected turn of events, ABB, the Swiss-Swedish multinational corporation, is considering selling its burgeoning robotics division as part of a strategic initiative. This move, which involves ...

In a move that could redefine the landscape of industrial automation, ABB, the Swiss-Swedish multinational corporation, is reportedly weighing options to divest its highly acclaimed robotics division.

ZURICH (Reuters) -ABB is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to benefit from rising demand for ...

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 ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

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.