7 articles
SoftBank and ABB are restructuring a $5.4 billion robotics deal after Beijing blocked it, considering a separate Chinese entity valued at $2–3 billion.
ABB reported third-quarter orders surged 40% to $12.1 billion, exceeding estimates due to demand for electric components in data centers and utilities. It advanced acquisitions, including a Mitsubishi
ABB agreed to acquire Rotork for $5.5 billion to expand its electrification and automation businesses, targeting growth in data center power and industrial pipeline infrastructure. The deal strengthen
ABB has secured a strategic partnership with Longxiang Hengyu Chemical to deliver automation and digital solutions for its new 500,000-ton annual butanol/octanol facility in Fujian. Production is expe
ABB announced a $200 million investment to expand European medium-voltage grid equipment production to meet rising power demand from data centers, EVs, and industry. The three-year program aims to boo
ABB Ltd. raised its annual revenue outlook following a 24% surge in quarterly orders driven by demand for power-grid products in data centers. The Swiss manufacturer expects high single-digit to low d
ABB received the "Excellent Equipment Supplier" award from BASF for its role as the core automation partner in the Zhanjiang Integrated Base project. Advanced control systems and Ethernet-APL technolo
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