Power equipment manufacturer ABB has invested in OctaiPipe, a UK-based AI firm focused on optimizing data center cooling systems. As part of the deal, ABB will take a minority stake in OctaiPipe. Full ...

(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 ...

ZURICH, Nov 18 (Reuters) - Shares in ABB fell on Tuesday after the Swiss engineering group kept its sales targets unchanged, with analysts saying investors may have hoped for more ambitious growth, ...

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 ...

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, ...

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.

ABB posted an increase in third-quarter revenue and profit, and appointed Christian Nilsson as its new chief financial officer. The Swiss industrial-technology company said Thursday that Timo ...

The logo of the Swiss company ABB can be seen at the entrance of the group's headquarters in Germany. Uwe Anspach/dpa Swiss technology company ABB Ltd Ltd said on Monday that it was partnering with US ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

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 ...

ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...

The deal is expected to be finalised in mid to late 2026, subject to regulatory approvals and closing conditions. Japanese multinational investment company SoftBank Group Corp has announced plans to ...