The buyout includes utility-scale solar PV inverters, industrial battery energy storage systems (BESS) and wind power converters. Image: ABB. Swiss electrification specialist ABB has acquired solar PV ...

The latest announcement is out from ABB Ltd ( (CH:ABBN)). ABB Ltd announced its updated financial targets during its Capital Markets Day 2025, focusing on electrification and automation with three ...

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.

ZURICH, Oct 16 (Reuters) - Switzerland's ABB (ABBN.S), opens new tab is "very confident" about future demand from data centers that power artificial intelligence, its CEO Morten Wierod told Reuters.

ABB posted an increase in third-quarter revenue and profit, and appointed Christian Nilsson as its new chief financial officer. The Swiss industrial-technology company said Thursday that Timo ...

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 ...

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...

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 ...

Ritwik is a passionate gamer who has a soft spot for JRPGs. He's been writing about all things gaming for six years and counting. No matter how great a title's gameplay may be, there's always the ...

ABB, a Switzerland-based electrical engineering corporation, will invest $28.5 million to expand its manufacturing operations in Henrico County, creating more than 100 jobs in the next three years, ...