ABB has healthy financials. The entire robotics and automated manufacturing industry is expected to experience sustained tailwinds. Its Price/Cash Flow of 32.23 indicates the company is presently ...

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 ...

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 ...

European tech giant ABB has agreed to divest ABB's robotics division to Japan's SoftBank Group for an enterprise value of $5.375 billion.

The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...

ABB has unveiled the world’s first truly collaborative robot: YuMi. YuMi is a human-friendly dual arm robot designed for a new era of automation, for example in small parts assembly, where people and ...

Auburn Hills, MI, May 1, 2023 — ABB Robotics has enhanced its industry-leading logistics automation portfolio with the launch of the Robotic Item Picker, a new AI and vision-based solution that can ...

ABB accelerates expansion into distribution and e-commerce fulfilment sectors with Covariant AI technology, who won an ABB global competition to find a leading AI partner for co-developing intelligent ...

If the dreaded robot uprising is ever going to happen, it will soon have a base where it can manufacture its army … a place where robots will be making robots. Located in the Chinese city of Shanghai, ...