ABB has announced it has signed an agreement to divest its Robotics division to SoftBank Group Corp. for an enterprise value of $5.375 billion and not pursue its earlier intention to spin-off the business as a separately listed company. The transaction is subject to regulatory approvals and further customary closing conditions and is expected to close in mid-to-late 2026.
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EDM Association, the global trade association for data management and technology standards, has announced the successful completion of its acquisition of the assets of the Object Management Group (OMG), the open membership, not-for-profit technology consortium.
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Ultralytics, the company behind the widely adopted YOLO (You Only Look Once) computer vision models, has raised $30 million in Series A funding, led by Elephant with participation from SquareOne.
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Shipments of cutting tools, measured by the Cutting Tool Market Report, a collaboration between The Association For Manufacturing Technology (AMT) and the U.S. Cutting Tool Institute (USCTI), totaled $216.2 million in July 2025.
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The new World Robotics 2025 statistics on industrial robots showed 542,000 robots were installed in 2024 – more than double the number 10 years ago. Annual installations topped 500,000 units for the fourth straight year. Asia accounted for 74% of new deployments in 2024, compared with 16% in Europe and 9% in the Americas.
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For metrology, integration with the digital twin represents a profound shift in how quality is assured and manufacturing processes are controlled. Measurement data has always been essential for product verification, but in the context of a digital twin, that data assumes a far broader and more strategic role.
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ABB Robotics has invested in California-based LandingAI to accelerate the transformation of vision AI, making it faster, more intuitive, and accessible to a broader range of users. This first of its kind collaboration will integrate LandingAI’s vision AI capabilities, like LandingLens, into ABB Robotics’ own software suite, marking another milestone in ABB’s journey towards truly autonomous and versatile robots.
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In a year defined by global economic headwinds, Renishaw has announced record results, reporting revenue of £713.0 million for fiscal 2025 – a 3.1% rise from the prior year.
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New orders of metalworking machinery, measured by the U.S. Manufacturing Technology Orders Report published by The Association For Manufacturing Technology (AMT), totaled $387.3 million in July 2025.
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Hexagon AB has announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc.
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