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 ...

After over a decade of restructuring efforts, ABB has outperformed peers, but its growth outlook still lags rivals like Siemens and Schneider. Recent strategic moves, including divestitures and a ...

The latest announcement is out from ABB Ltd ( (CH:ABBN)). ABB Ltd announced its updated financial targets during its Capital Markets Day 2025, focusing on electrification and automation with three ...

Growing power needs of artificial intelligence (AI) workloads require new, advanced power distribution technologies and architecture ABB’s expertise in cutting-edge direct current (DC) and solid-state ...

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 ...

SoftBank Group has agreed to acquire the robotics business of Swiss engineering group ABB for $5.4 billion, marking a major step in the Japanese investor's strategy to merge robotics and artificial ...

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 ...

The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...

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 ...

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, 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, ...