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M&A News: SoftBank Expands AI Reach with $5.4B ABB Robotics Acquisition

SoftBank Group ($SFTBY) has agreed to acquire the robotics division of Swiss engineering company ABB ($ABBNY) for $5.4 ...
Automation World

ABB Launches Five Axis Delta Robot Fastest for Lightweight Product Picking, Packing & Reorientation

ABB is expanding its FlexPicker ® Delta robot portfolio with the IRB 365. With five axis and 1.5kg payload, the IRB 365 is both flexible and the fastest in its class for reorienting packaged ...
Business Wire

ABB Enhances Portfolio of High-Speed Industrial Robots With Codian Acquisition

ZURICH--(BUSINESS WIRE)--ABB has acquired Codian Robotics B.V., a leading provider of delta robots, which are used primarily for high-precision pick and place applications. Codian Robotics’ ...
American Machinist

ABB Robotics Sold in Bid for Physical AI

SoftBank is paying $5.4 billion for the automation business, aiming to launch a combination of “technology and talent … to ...
Machine Design

Delta robot handles 8-kg loads

ABB Robotics, Auburn Hills, Mich., has added an 8-kg model to its IRB 360 FlexPicker line, supplementing the existing 1 kg and 3 kg models. It expands the high-speed picking and packing ...
Business Wire

Global Delta Robots Market 2019-2023 | Evolving Opportunities with ABB and FANUC CORPORATION | Technavio

LONDON--(BUSINESS WIRE)--The global delta robots market is poised to grow by USD 241.66 million during 2019-2023, progressing at a CAGR of almost 9% during the forecast period. Request Free Sample ...
Automation World

ABB Robotics

ABB Robotics has the industry’s broadest product lineup for packaging automation, featuring an extensive array of technologically superior robot models, and the most advanced controllers and ...