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China Blocks SoftBank’s $5.4 Billion Acquisition of ABB’s Robotics Division

China has blocked Japanese investment giant SoftBank’s proposed $5.4 billion acquisition of the robotics division of Swiss engineering company ABB, dealing a major...

RobCo Reaches $1 Billion Valuation as German Robotics Firm Expands US Presence
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RobCo Reaches $1 Billion Valuation as German Robotics Firm Expands US Presence

German robotics startup RobCo has reached a $1 billion valuation as the company accelerates its expansion in the United States and develops a...

Schneider Electric Subsidiary Expands Focus on Nigeria’s Industrial Technology Market
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Schneider Electric Subsidiary Expands Focus on Nigeria’s Industrial Technology Market

By Benson Daniel A business unit of Schneider Electric has intensified its focus on Nigeria's industrial technology market as the global energy management...