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ZURICH (Reuters) -Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's ...
ABB Ltd. ABB expanded its robotics operations with the acquisition of SVIA automation solutions, a leading player in the burgeoning market of robot automation cells for machine tending.
ABB Ltd. plans to spin off and list its robotics unit next year as the Swiss manufacturer aims to improve its least profitable division as a standalone company.
In a move that could redefine the landscape of industrial automation, ABB, the Swiss-Swedish multinational corporation, is reportedly weighing options to divest its highly acclaimed robotics ...