The new alignment will position ABB to expand its presence in discrete manufacturing, more effectively tap service growth opportunities, and better respond to demand for energy-efficient solutions, ...
A strong performer in its industry at the core of secular and future automation trends Plan for a listing in the second quarter of 2026 Foreseen to be distributed to ABB's shareholders as a dividend ...
In a move that could redefine the landscape of industrial automation, ABB, the Swiss-Swedish multinational corporation, is reportedly weighing options to divest its highly acclaimed robotics division.
ABB, a global technology leader in electrification and automation, on Thursday announced plans to spin off its Robotics division. The company will present the proposal to spin off the division at its ...
New units include Discrete Automation/Motion and Low Voltage Products ABB is reorganizing its automation divisions to align their activities more closely with those of its customers, it announced. The ...
ABB Group wants to help clean-energy and other industrial-technology startups expand—and believes a decentralized approach to corporate venture investments is the best way to do it. The ...
ABB has signed an agreement to divest its robotics division to SoftBank Group for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately ...
Strong customer value proposition by combining ABB Robotics' leading technology and industry expertise with SoftBank's state-of-the-art capabilities in AI, robotics and next-generation computing ...
ABB today launched Stage 3 of its Next Level strategy to unlock value for customers and shareholders. The core elements of this include: shaping ABB’s divisions into four market-leading, ...
Raleigh, NC – ABB, a power and automation technology company, announced on Aug. 1 that Michael Barnoski (see photo at left), senior vice president and head of ABB's Power Systems division in North ...
ZURICH--(BUSINESS WIRE)--ABB will be hosting an investor webcast at 14:00 CEST today, June 10, at which CEO, Björn Rosengren, will be giving his initial impressions on the Group’s strategy since he ...
ABB is reorganizing its automation divisions to align their activities more closely with those of its customers, it announced. The Zurich, Switzerland-based power and automation technology group said ...