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 ...

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 ...

In and interview earlier this week at the TechCrunch Robotics Session held on the MIT campus in Cambridge, MA, Sami Atiya, president of ABB’s Robotics and Motion division, said he believes bringing ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

In a global survey of 1,900 large and small construction businesses in Europe, the US and China, commissioned by ABB Robotics (ABB), 91% of respondents said they will face a skills crisis over the ...

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 ...

By 2026, the convergence of Generative AI and humanoid form factors will enable robots to autonomously execute complex tasks.