Swiss technology company ABB Group plans to further strengthen its presence in China, the world's largest robotics market, through a series of artificial intelligence-driven innovations and new ...

By operating with a small, close-knit team, Sydorko Automation maintains a family-driven culture that enables nimble decision ...

Boston Dynamics, a leader in mobile robotics, is largely owned by Hyundai, which bought 80% of the company in 2021. To invest in Boston Dynamics indirectly, consider buying Hyundai stock or ...

Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.

During Tesla's third-quarter earnings call, Musk explained that while Optimus robots can already walk around the company's Palo Alto offices, the real challenge lies in creating a robot that is truly ...

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 ...

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ABB Ltd ( (CH:ABBN)) has provided an ...

The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...

Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

ABB Ltd. has the appetite and firepower for acquisitions after the Swiss industrial giant agreed to sell its robotics unit to SoftBank Group Corp. for more than $5 billion. “We have today, especially ...