ABB open to 'more than one' big deal in renewed M&A drive, chairman saysSwiss engineering powerhouse ABB is embarking on an ambitious acquisition journey, expressing interest in several multi-billion dollar deal...
13 Mar, 2026, 11.38 AM IST
ABB teams up with Nvidia to improve factory robot trainingABB and Nvidia are joining forces to make industrial robot simulations more realistic. This collaboration aims to bridge the gap between vi...
09 Mar, 2026, 06.26 PM IST
ABB gives confident outlook for 2026, launches $2 billion buybackSwiss engineering group ABB reported fourth-quarter earnings exceeding forecasts and announced a new $2 billion share buyback, expressing c...
29 Jan, 2026, 12.59 PM IST
SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources sayJapan's SoftBank Group and Nvidia are in talks to invest in Skild AI, in a more than $1 billion funding round that could value the maker of...
08 Dec, 2025, 09.11 PM IST
ABB to sell robots business to SoftBank in $5.38 billion dealSoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Ma...
08 Oct, 2025, 04.16 PM IST
Sotefin Bharat plans Rs 80 crore IPO to build parking robot unit for automated parking in BengalSwiss automated parking solutions major Sotefin SA's Indian subsidiary, Sotefin Bharat, on Sunday said it will hit the capital market to ra...
27 Jul, 2025, 12.23 PM IST
Robots struggle to match warehouse workers on 'Really Hard' jobsDespite the rise in automation, warehouses remain big employers of humans. Federal data show that nearly 1.8 million people work in this co...
20 Nov, 2024, 10.15 AM IST
ABB nudges profit guidance higher after Q3 beats forecastsABB, a Swiss engineering company, reported higher-than-expected operating profits in the third quarter. This success came from its electrif...
17 Oct, 2024, 11.01 AM IST
China's robot makers chase Tesla to deliver humanoid workersAt the World Robot Conference this week in Beijing, over two dozen Chinese companies showed off humanoid robots designed to work in factori...
23 Aug, 2024, 11.09 AM IST
ABB invests $280 million in new robotics factory in SwedenABB said the European robotics and automation market is expected to grow by 7% per year between 2023 and the end of 2027, driven by compani...
13 Sep, 2023, 12.37 PM IST
Cleanfix-Schevaran kick-off unit at Mysuru to produce cleaning equipmentSwitzerland Ambassador to India and Bhutan Ralf Heckner launched the Cleanfix India facility at Thandya in Nanjangud taluk on Wednesday in ...
22 Jun, 2022, 07.30 PM IST
Swiss company invents robot that can make fondue with wine and cheeseThe robot is set to make its grand debut at the Paris International Agricultural Show.
24 Feb, 2022, 04.28 PM IST
Switzerland keen to fund & back innovation initiatives in India: Envoy“Investments and Innovation are the two “I”s of Swiss-Indian relations. The theme of innovation is bringing our countries together and make...
12 Nov, 2021, 02.13 PM IST
Meet Barney, the robot bartender who can comfort you with jokes, delicious cocktailsA barista version making different coffees has also been developed.
21 Apr, 2021, 06.54 PM IST
Robotic cleaning: Swiss firm inks JV with Mysuru company Schevaran LaboratoriesThe partnership will form a new entity CleanfixSchevaran Systems which will manufacture Swiss-technology backed robotic cleaning machines a...
29 Sep, 2020, 09.02 PM IST
Switzerland top choice for Indian IT companies in field of RoboticsEconomists suggest that the world’s fourth socio-economic revolution might stem from this development as Switzerland has emerged as a serio...
14 Dec, 2017, 11.40 PM IST
This orchestra conductor has moved robots closer to humansThe bot, YuMi, built by Swiss robotics company ABB, has made waves in the past because of its ability to perform tasks requiring fine motor...
16 Sep, 2017, 05.38 PM IST