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The company intends for the robotics business to begin trading as a separately listed company in Q2 2026, pending shareholder approval. Shares in the new company, to be called ABB Robotics, will ...
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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.
ZURICH, April 17 (Reuters) - Swiss industrial group ABB (ABBN.S), opens new tab on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold ...
These innovations will be highlighted at Demo Day, which is co-located ... with leading robot brands (i.e., Universal Robots, FANUC, and ABB) and is plug-and-play with hundreds of motion devices ...
ABB’s ABBN-1.20%decrease; red down pointing triangle first-quarter earnings increase exceeded analysts’ expectations, and the company said it intends to spin off its robotics division.
ABB Ltd. plans to spin off and list its robotics unit next year as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes ...
ABB Ltd. is exploring a potential sale of the robotics unit, which could be worth more than $3.5 billion, as an alternative to the main spinoff plan, according to people familiar with the matter.
ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...