In a bold move to accelerate innovation in the robotics industry, ABB has announced a strategic partnership with Bank of America (BofA) and UBS. This collaboration marks a significant step for ABB, a ...

Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion in a bet it can improve the division's lackluster margins over the next five years, the Swiss ...

ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...

Investing.com -- Swiss engineering giant ABB Ltd (SIX:ABBN) on Wednesday said that it has agreed to sell its robotics business to Japanese technology conglomerate SoftBank Group Corp. (TYO:9984) for ...

Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced ...

Read more: Timeline: Switzerland and the war in the Middle East since October 7, 2023 UBS gaining support for compromise on Swiss capital rules Read more: UBS gaining support for compromise on Swiss ...