ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 ...

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 ...

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 ...

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 ...

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 ...

This deal is founder Masayoshi Son’s push to fuse advanced AI with industrial robots. SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on ...

ABB CEO Morten Wierod tells CNBC’s Europe Early Edition why he supports SoftBank’s vision for ABB’s robotics business, following the announcement of a $5.4 billion sale to the Japanese tech group. Got ...

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 ...

ZURICH, March ⁠9 (Reuters) - ⁠ABB's robotics ⁠business has partnered with Nvidia ‌to narrow the ‌gap ⁠between ⁠how industrial robots perform in virtual simulations and how they behave on factory ...

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

Sami Atiya, president of ABB robotics and discrete automation business area and a member of ABB's executive committee, said ...