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SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

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 ...
CNBC

SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...
Virginia Business

SoftBank to buy ABB robotics unit in $5.4B AI push

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 ...
The Robot Report

ABB Robotics seeks to standardize measurement of robot energy consumption

ABB Robotics said new energy consumption measurement will allow end users to make more informed decisions and support sustainability efforts.
TechCrunch

SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit

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 ...
American Machinist

ABB Robotics Sold in Bid for Physical AI

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.