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 ...
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ABB Ltd continues strategic share buyback program
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Round Table Pizza, a leading pizza franchise owned by FAT Brands Inc. known for its commitment to quality and authenticity, is giving its fans the royal treatment with a freshly baked catering program ...
Shinkei Systems’ corporate headquarters is situated in an industrial stretch of El Segundo, a coastal city in L.A. County that’s home to a Chevron refinery and a burgeoning defense tech enclave, with ...
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 ...
Regal Rexnord Corp. joined forces with automation leader ABB Robotics to simplify integration of its GoFa cobots into 7th Axis Cobot Transfer Units (CTUs). The CTUs come from Thomson, one of Regal ...
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 ...
ABB (OTCPK:ABBNY) is signaling that it has the balance sheet strength and ambition to pursue acquisitions following the surprise decision to divest its robotics division to Japan’s SoftBank Group for ...
ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as 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 deal puts an end to the Swiss company's plan to spin off the unit. Tesla Debuts Cheaper, Stripped-Down Versions of Model 3 and Model Y Fewer frills on the electric vehicles create a discount that ...
ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...
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