ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. Source: ABB
One of world’s top industrial automation providers is becoming more independent. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division. The Zurich-based company said it intends for the business to start trading as a separately listed company in the second quarter of 2026.
“Today, we also announced our plan to spin off the...