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 ...

ABB, the leading power and automation technology group, introduced YuMi, the world’s first truly collaborative dual-arm industrial robot, at the world’s leading trade fair for industrial technology, ...

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.

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 ...

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 ...

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 has announced the strengthening of its long-standing partnership with Geely-owned Volvo Cars to supply more than 1,300 robots and functional packages to build the next generation of electric ...

ABB accelerates expansion into distribution and e-commerce fulfilment sectors with Covariant AI technology, who won an ABB global competition to find a leading AI partner for co-developing intelligent ...

Technology Collaboration Helps Customers Optimize Supply Chain Operations with Fully Integrated Robotic Solutions BEDFORD, MA, July 28, 2022 — Berkshire Grey Inc. (Nasdaq: BGRY), a leader in ...