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 ...

SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.83 billion to help bankroll envisioned AI ...

Masayoshi Son’s SoftBank Group said net profit more than doubled in its second quarter and announced a four-to-one stock ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

ABB, the leading power and automation technology group, introduced YuMi, the world’s first truly collaborative dual-arm industrial robot, at the world’s leading trade fair for industrial technology, ...

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.

Image courtesy by QUE.com The robotics sector is rapidly evolving, thanks to remarkable advancements in sensor technology and ...

Buyout firms see opportunities to improve performance at non-core divisions of region’s remaining conglomerates ...

In factories all around the world, people are working with a completely different type of co-worker: a dual-arm collaborative robot from ABB called YuMi®. YuMi® is the world’s first truly ...