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SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

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 ...
CNBC

SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

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 ...
Machine Design

ABB Robotics Adds Four Energy-Saving Models to Lineup

ABB Robotics has added four models to its line of large robots. These robots allow for payloads of 150-310 kg. The robots’ modular design provides 22 variants from which customers can choose to ensure ...
Virginia Business

SoftBank to buy ABB robotics unit in $5.4B AI push

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 teams up with Nvidia to improve factory robot training

ZURICH, March 9 (Reuters) - ABB's robotics business has partnered with Nvidia to narrow the gap between how industrial robots perform in virtual simulations and how they behave on factory floors, the ...