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.

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 ...

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 ...

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 ...

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 ...

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 ...