A lawsuit seeking environmental rehabilitation and 5 billion baht in compensation from Star Petroleum Refining Plc and PTT Global Chemical Plc over a crude oil spill that occurred in waters off Rayong ...

ABB has acquired IPEC, a UK specialist in electrical diagnostics, as it continues to expand its focus on resilience and uptime in data center infrastructure. The acquisition, expected to close in Q1 ...

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 ...

The buyout includes utility-scale solar PV inverters, industrial battery energy storage systems (BESS) and wind power converters. Image: ABB. Swiss electrification specialist ABB has acquired solar PV ...

Switzerland-based industrial conglomerate ABB announced it has completed the acquisition of Gamesa Electric's power electronics business in Spain from Siemens Gamesa. The financial terms of the ...

The legendary investor Warren Buffett emphasises paying “reasonable” valuations for a share and has been wary of investing in stocks with too much of investor interest, and the resulting “euphoric” ...

The latest announcement is out from ABB Ltd ( (CH:ABBN)). ABB Ltd announced its updated financial targets during its Capital Markets Day 2025, focusing on electrification and automation with three ...

SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...

Pang Zhibo, a leading expert on industrial chips and robots with high-end manufacturing giant ABB in Sweden, has returned to China and joined Peking University as a fully tenured professor. As ABB’s ...

ABB Inc., a manufacturing company based in Pinetops, is planning an expansion that will create 49 jobs. On Thursday, the Governor’s Office announced the manufacturer was the recipient of a state grant ...

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 ...