Zurich-based manufacturing giant ABB Ltd. is planning to invest $20 million and create 72 jobs at its Auburn Hills, Mich., plant in response to the growth of automation in the automotive industry and ...

(Bloomberg) -- SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging ...

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 (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Zurich-based manufacturing giant ABB Ltd. is planning to ...

TOKYO -- SoftBank Group on Wednesday said it will acquire the robotics business of Swiss-headquartered ABB for around $5.4 billion, expanding founder Masayoshi Son's push into artificial intelligence ...

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

Japan's SoftBank Group agreed to purchase ABB's robotic business in a deal that values it at $5.38 billion, furthering the investment company's push into the business of artificial intelligence.