SoftBank Group, the Japanese multinational conglomerate known for its bold investments, is once again in the spotlight. With a renewed ...
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 ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...
SoftBank Group shares rose sharply, as its steadfast progress in artificial-intelligence-related investments, including a $5.4 billion deal to acquire ABB's industrial-robotics business, squeezed some ...
Tech investment giant SoftBank Group said Wednesday it will buy Swiss-Swedish firm ABB Robotics for nearly $5.4 billion as part of its plans to bring artificial intelligence into the physical realm.
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 ...
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’s is the world’s among the world’s largest developers of industrial robots, with robots of multiple sizes and functions, autonomous mobile robots, programming software, and robotic applications.
Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...
ABB announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business contributed 7% ...
Here's a surprise turn of events: SoftBank-- maker of the friendly Pepper robot and a major M&A player in the tech world -- has just announced that it is acquiring two more robotics companies from ...
Barrack, who now serves as the US ambassador to Turkey, in 2019 oversaw the acquisition of the data centre investor Digital Bridge for $325mn. He stepped down in 2021 as executive chair and the ...