Michelle Mooney - Profile and Journalist Details
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Get connected with journalists todayMichelle Mooney
Verified
Deputy Editor, Akabo media
London
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Content
By Michelle Mooney| Robotics & Automation Magazine Verified ABB announced today (April 17) its intention to spin off its robotics division, proposing a full separation of the business through a dividend in-kind to shareholders. The company plans to present the proposal to shareholders at its Annual General Meeting in 2026, with the aim of completing the listing in Q2 of that year. The spin-off would result in ABB Robotics becoming a separately listed entity, with shares distributed proportionally to ABB shareholders.
By Michelle Mooney| Robotics & Automation Magazine Verified Xaba, a company focused on developing synthetic brains for industrial robots, has raised a US$6m seed extension to further its efforts in deploying artificial intelligence-powered robotics and industrial control systems. The round was led by Hitachi Ventures, with additional participation from Hazelview Ventures, BDC Capital, Exposition Ventures, and Impact Venture Capital.
By Michelle Mooney| Robotics & Automation Magazine Verified ABB announced today (April 17) its intention to spin off its robotics division, proposing a full separation of the business through a dividend in-kind to shareholders. The company plans to present the proposal to shareholders at its Annual General Meeting in 2026, with the aim of completing the listing in Q2 of that year. The spin-off would result in ABB Robotics becoming a separately listed entity, with shares distributed proportionally to ABB shareholders.
Company Info
Akabo media
Akabo Media is a UK-based company that provides business information, publishing, and events focused on the supply chain and logistics markets. Founded in 2011 and headquartered in Pinner, Middlesex, the company delivers informed intelligence to decision-makers through various media channels. The company offers a variety of services, including online and offline publications featuring news and expert commentary, as well as organizing events like the Road User Charging Conference and the Sustainable Supply Chain Conference. Akabo Media also provides advertising and sponsorship opportunities, along with information products tailored for professionals in logistics and supply chain sectors. With an annual revenue of approximately $6 million and a team of around 33 employees, Akabo Media serves a diverse audience across regions such as the UK, Western Europe, North America, and Southeast Asia.
London, United Kingdom
+44 20 8037 1779
Founded: 2011