(RTTNews) - ABB Ltd announced it will launch a process to propose to AGM 2026 to decide on a 100 percent spin-off of Robotics division. The intention is for the business to start trading as a ...

ABB had previously looked to spin off the division, where revenue fell last year Tech investment giant SoftBank Group said it will buy Swiss-Swedish firm ABB Robotics for nearly $5.4 billion as part ...

ABB is well-positioned for growth due to secular megatrends like electrification, automation, and robotics, despite recent share price declines and macroeconomic uncertainties. The planned spin-off of ...

ABB Robotics and startup Molg are working together to create robotic microfactories to recover and recycle data center operators’ disused electronic equipment, or e-scrap. Citing research claiming ...

ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...

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, ...

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.

SoftBank Group has reached an agreement to acquire the robotics business of Swiss engineering group ABB in a deal valued at $5.4 billion. The acquisition, announced on Wednesday (October 8), marks the ...

According to the developer, the OmniVance ™ cell can reduce the time spent on repetitive machine tending tasks by up to 60%, freeing workers to take on more rewarding, high-value jobs. “Machine ...

BEDFORD, Mass., July 28, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, today announced that ABB (NYSE: ABB ...

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 ...