SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...

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 ...

ABB Robotics has the industry’s broadest product lineup for packaging automation, featuring an extensive array of technologically superior robot models, and the most advanced controllers and ...

ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO ...

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 ...

An ABB robot in action: the division generated sales of $2.3 billion last year and contributed 7% to Group sales. Last August, Morten Wierod unexpectedly took the helm at ABB. The CEO quickly made a ...