Side-by-side comparison of AI visibility scores, market position, and capabilities
Zurich industrial automation (NYSE: ABB) at $2.3B robotics revenue divesting to SoftBank for $5.375B (closing mid-to-late 2026); 140+ year history refocusing on electrification and motion control competing with Siemens for industrial automation.
ABB Ltd is a Zurich, Switzerland-headquartered industrial technology company — publicly traded on the New York Stock Exchange (NYSE: ABB) and SIX Swiss Exchange — providing electrification, motion control, process automation, and (pending divestiture) robotics solutions to utilities, industrial manufacturers, transportation, and infrastructure operators globally with approximately 110,000 employees. Formed in 1988 through the merger of Sweden's ASEA (founded 1883, launched the IRB 6 industrial robot in 1974) and Switzerland's Brown Boveri (founded 1891), ABB is undergoing a major strategic transformation: in 2025, ABB announced the divestiture of its ABB Robotics & Discrete Automation division (2024 revenue $2.3 billion, ~7,000 employees) to SoftBank Group Corp. for $5.375 billion, with the transaction expected to close mid-to-late 2026 — separating the robotics business to focus ABB on core electrification and motion segments.
Fortive Corporation (FTV) reported ~$6.3B revenue in FY2024. Industrial technology company providing precision instruments, workflow software, and service platforms for industrial and healthcare applications. HQ: Everett, WA.
Fortive Corporation is an industrial technology company providing precision instruments, professional workflow software, and services for the industrial, healthcare, and utility sectors. Spun off from Danaher Corporation in 2016, Fortive inherited Danaher's disciplined operating system (Fortive Business System, modeled on the Danaher Business System) and a portfolio of businesses spanning Intelligent Operating Solutions (Fluke multimeters, Tektronix oscilloscopes, Gordian facilities intelligence), Precision Technologies (Pacific Scientific instruments, Sensing), and Advanced Healthcare Solutions (ASP sterilization, Provation clinical documentation).
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