ABB will invest $120 million to expand production of low voltage electrification products in the United States. The investment will create 250 new jobs across two facilities in Mississippi and ...
ZURICH--(BUSINESS WIRE)--ABB today announced it has entered into an agreement to acquire IPEC, a UK-based technology company with more than 30 years of expertise in electrical diagnostics. IPEC's ...
ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...
ABB shares fell 6% on Monday after the company reported a 21% fall in net profits to ₹351 crore for its June quarter (Q1 FY26). Margin pressure and profit decline weighed on investor sentiment despite ...