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 ...

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 ...

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.

Earlier this year, Zume made it pretty clear that it was exploring life beyond pizza. Coffee, steamed buns and frozen yogurt have all been floated as possibilities for the newly formed Zume Inc. Of ...

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 ...

ABB Robotics is making a $20-million capital improvement effort to increase manufacturing capacity at its Auburn Hills, Mich., plant. “Our investment is a significant step in accelerating ABB Robotics ...

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 ...

Coming soon to China: A factory where robots will build robots. Swiss firm ABB Group plans to build a $150 million “Factory of the Future” in Shanghai, it said in a statement Saturday. It will become ...

The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...

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 ...

ABB has unveiled the world’s first truly collaborative robot: YuMi. YuMi is a human-friendly dual arm robot designed for a new era of automation, for example in small parts assembly, where people and ...