Swiss engineering group ABB has agreed to buy smaller UK rival Rotork in a £4.1bn deal, adding to the wave of foreign buyers ...

By John Revill ZURICH, July 16 (Reuters) - ABB announced a $5.5 billion deal for British automation company Rotork on ...

The stock already priced in a takeover premium, but ABB is paying a record $5.5B and explicitly expects immediate ...

ZURICH (Reuters) -ABB raised its sales and profitability targets on Thursday, the latest European industrial group to outline more ambitious goals despite an uncertain global economic backdrop. The ...

Rotork shares jumped to an all-time high after the U.K. automation company agreed to a 4.14 billion-pound ($5.6 billion) takeover offer from Swiss industrial group ABB. In European morning trade, ...

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 ...

The partnership aims to accelerate the deployment of complex microgrids, distributed energy resources (DERs) and ...

ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...

ABB today announced that it has signed an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. (1/3) Födisch ...

Spurred by China's rapid advances in artificial intelligence, Swiss technology company ABB Group will ramp up its innovation ...

Bill Gates suggested in a recent interview that robots should be taxed when they are doing the role of a human worker, but the CEO of a leading automation firm took issue with that idea. ABB Group CEO ...

Swiss engineering group ABB fell victim to a "sophisticated criminal scheme" at its South Korean subsidiary, it said on Wednesday, with the chief suspect an executive responsible for ethics training.