ABB (OTCPK:ABBNY) will divest its robotics division to SoftBank (OTCPK:SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately ...

Zurich-based manufacturing giant ABB Ltd. is planning to invest $20 million and create 72 jobs at its Auburn Hills, Mich., plant in response to the growth of automation in the automotive industry and ...

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 ...

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Zurich-based manufacturing giant ABB Ltd. is planning to ...