US power systems provider ABB has signed a series of agreements with Texas-based microgrid developer VoltaGrid to supply power system equipment for multiple US data center power projects supporting AI ...

SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...

Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.

ZURICH, Oct 16 (Reuters) - Switzerland's ABB (ABBN.S), opens new tab is "very confident" about future demand from data centers that power artificial intelligence, its CEO Morten Wierod told Reuters.

ABB posted an increase in third-quarter revenue and profit, and appointed Christian Nilsson as its new chief financial officer. The Swiss industrial-technology company said Thursday that Timo ...

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

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 technology in ...

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 ...

ABB, a Switzerland-based electrical engineering corporation, will invest $28.5 million to expand its manufacturing operations in Henrico County, creating more than 100 jobs in the next three years, ...

ABB Robotics is enabling faster, safer and more cost-effective rebuilding in areas devastated by the 2025 Southern Californian wildfires through a collaboration with Cosmic Buildings – a leading ...

Demolition at Euclid Avenue on the Worden Road section of the former ABB Inc. building is currently underway in Wickliffe. According to Mayor Joe Sakacs, the demolition is going to take a few weeks.

Seatrium Ltd. has selected ABB Ltd. for the supply of electrical equipment and automation solutions for the two floating production, storage and offloading vessels (FPSOs) that Petroleo Brasileiro SA ...