{"id":966973,"date":"2025-10-09T09:24:47","date_gmt":"2025-10-09T03:54:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=966973"},"modified":"2025-10-09T09:34:43","modified_gmt":"2025-10-09T04:04:43","slug":"abb-considering-big-acquisitions-after-5-4-billion-sale-of-robotics-business","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/09\/abb-considering-big-acquisitions-after-5-4-billion-sale-of-robotics-business\/","title":{"rendered":"ABB considering big acquisitions after $5.4 billion sale of robotics business"},"content":{"rendered":"<p>ABB is not ruling out making big acquisitions after the Swiss engineering group agreed to sell its robotics business to Softbank Group in a $5.4 billion deal, CEO Morten Wierod said on Wednesday.<\/p>\n<p>&#8220;We want to invest in the field of electrification and automation,&#8221; Wierod told Reuters. &#8220;We want to grow both organically and inorganically.&#8221;<\/p>\n<p>&#8220;We have firepower to do also bigger acquisitions, so we&#8217;re not excluding bigger deals,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABB is not ruling out making big acquisitions after the Swiss engineering group agreed to sell its robotics business to Softbank Group in a $5.4 billion deal, CEO Morten Wierod said on Wednesday. &#8220;We want to invest in the field of electrification and automation,&#8221; Wierod told Reuters. &#8220;We want to grow both organically and inorganically.&#8221; &#8220;We have firepower to do also bigger acquisitions, so we&#8217;re not excluding bigger deals,&#8221; he added.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-966973","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=966973"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966973\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=966973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=966973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=966973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}