Featured image courtesy of ABB. Electrification and automation manufacturing conglomerate ABB announced plans to spin off its robotics division, marking its largest portfolio shift since divesting its ...
SoftBank's plan to acquire ABB's robotics division for nearly US$5.4 billion by 2026 signals a significant shift in the global robotics landscape. The acquisition marks SoftBank's strategic move into ...
ABB (ABBNY) delivered strong Q3’25 results with 11% revenue growth and a 4% EBITDA margin expansion, driven by electrification and data center demand. ABB is well-positioned for a multi-year upcycle, ...
Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centers being built in the U.S. to process artificial intelligence. ABB, which makes ...
Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. Ciara Lee reports.
Join the newsletter that everyone in finance secretly reads. 1M+ subscribers, 100% free. When you hear “AI”, you probably think of OpenAI, Nvidia, Oracle… all that lot. But SoftBank wants its name on ...
The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...
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 ...
Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...
SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...
SoftBank stock surged as much as 13 percent to a new intraday high. It has agreed to buy ABB's industrial robotics arm for about $5.4 billion. The deal is a major push into the emerging and critical ...
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