ABB has acquired IPEC, a UK specialist in electrical diagnostics, as it continues to expand its focus on resilience and uptime in data center infrastructure. The acquisition, expected to close in Q1 ...

(RTTNews) - ABB Ltd. (ABBN.SW, ABBNY), a Swiss technology company, on Tuesday announced that it has completed the acquisition of Gamesa Electric's power electronics business in Spain from Siemens ...

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 ...

ABB lifted its operational earnings margin forecast but left its revenue guidance unchanged as the Swiss engineering company reshapes its portfolio to focus on electrification and industrial ...

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 ...

ABB (ABBNY) delivered strong Q3’25 results with 11% revenue growth and a 4% EBITDA margin expansion, driven by electrification and data center demand. ABB is well-positioned for a multi-year upcycle, ...

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 ...

ZURICH, Oct 16 (Reuters) - Switzerland's ABB (ABBN.S), opens new tab is "very confident" about future demand from data centers that power artificial intelligence, its CEO Morten Wierod told Reuters.

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 ...

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 ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...