-
ABB to Divest Robotics Division to SoftBank Group
October 8, 2025 ABB to Divest Robotics Division to SoftBank Group Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange ABB has announced it has signed an agreement to divest its Robotics division to SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) for an enterprise value of $5.375 billion and not pursue its…
Daily News
Latest Articles
Featured Article
SEW-Eurodrive Is Your Complete Source for Motion Control
SEW-Eurodrive has set the trends and standards in drive engineering for years. Their universal concept of gearmotors, control systems, software, service, and extensive accessories are the cornerstone of many industrial motion systems. Dominique Salvail, Product Specialist, Factory Automation Solutions at SEW-Eurodrive, discusses how they have everything you need for your motion control application, and highlights how their decentralized VFDs can save you time and money. Read more
Product News
Featured Product
NOARK Launches Next-Gen Variable Frequency Drives
NOARK Electric, a global authority in motor control and power distribution solutions, unveiled its highly anticipated Ex9VF7 Variable Frequency Drives (VFDs) during the NECA 2025 tradeshow, taking place September 12–15 at Chicago’s McCormick Place West.