ABB

ABB is a global technology company formed on January 5, 1988 through the merger of Sweden’s ASEA (founded 1883) and Switzerland’s BBC Brown Boveri (founded 1891). ABB is headquartered in Zurich, Switzerland and is publicly traded.

ABB’s robotics division is one of the “Big Four” industrial robot manufacturers globally, alongside FANUC, KUKA, and Yaskawa. The division produces industrial articulated robots (IRB series), collaborative robots including YuMi (dual-arm cobot), GoFa, and SWIFTI, as well as the FlexPicker delta robot for high-speed picking applications. ABB has installed over 300,000 robots worldwide.

In October 2025, SoftBank Group announced the acquisition of ABB’s robotics division for $5.375 billion, subject to regulatory approvals expected to close in 2026. ABB’s robotics division employs approximately 7,000 people and generated $2.3 billion in revenue in 2024.