Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to ...

ZURICH (Reuters) -Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's ...

ABB Ltd. plans to spin off and list its robotics unit next year as the Swiss manufacturer aims to improve its least profitable division as a standalone company.