Swiss energy and tech conglomerate ABB has agreed to acquire Dublin-based electrical engineering consultancy Premium Power. ABB, the world’s biggest supplier of industrial motors and power grids, said ...

ZURICH, Jan 29 (Reuters) - ABB shares surged on Thursday after the Swiss engineering group posted record quarterly order intake and gave a confident outlook for 2026, saying customers were investing ...

Power equipment manufacturer ABB has invested in OctaiPipe, a UK-based AI firm focused on optimizing data center cooling systems. As part of the deal, ABB will take a minority stake in OctaiPipe. Full ...

The buyout includes utility-scale solar PV inverters, industrial battery energy storage systems (BESS) and wind power converters. Image: ABB. Swiss electrification specialist ABB has acquired solar PV ...

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 ...

Pang Zhibo, a leading expert on industrial chips and robots with high-end manufacturing giant ABB in Sweden, has returned to China and joined Peking University as a fully tenured professor. As ABB’s ...

ABB Inc., a manufacturing company based in Pinetops, is planning an expansion that will create 49 jobs. On Thursday, the Governor’s Office announced the manufacturer was the recipient of a state grant ...

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

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 ...

ABB (OTCPK:ABBNY) is signaling that it has the balance sheet strength and ambition to pursue acquisitions following the surprise decision to divest its robotics division to Japan’s SoftBank Group for ...

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 ...