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. 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 ...

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

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 ...

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

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.

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 ...