New line has integrated cutting-edge automation to enhance productivity, safety and quality, aligning with Industry 4.0 ...
HENDERSON, Nev., Oct. 14, 2025 /PRNewswire/ -- Restore Robotics announced today that more than 300 hospitals and surgery centers across the United States have joined its growing recycling and ...
Tokyo-headquartered SoftBank Group has become well known in recent years for big money acquisitions made through its $100bn Vision Fund, said to be the world's largest technology-focused venture ...
ZURICH/TOKYO - 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 robotics and ...
The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...
The deal will see ABB carve out its robotics business, which employs around 7,000 people and generated $2.3 billion in revenue in 2024, into a new holding company before transferring ownership to ...
SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...
Japanese tech giant SoftBank is acquiring ABB's robotics unit for $5.4 billion, signaling a major push into "Physical AI." This strategic move by SoftBank founder Masayoshi Son aims to bolster its AI ...
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 ...
The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...
(Sharecast News) - Japan's SoftBank said on Wednesday that it has agreed to buy the robotics business of Swiss engineering company ABB for $5.4bn. The deal, which is subject to customary regulatory ...
Strong customer value proposition by combining ABB Robotics' leading technology and industry expertise with SoftBank's state-of-the-art capabilities in AI, robotics and next-generation computing ...