Tag Archives: ABB

CompuGroup Medical Appoints Stefano Santinelli to Lead Europe Atlantic Business and Accelerate AI-Driven Digital Transformation Across Key Healthcare Markets

(IN BRIEF) CompuGroup Medical has appointed Swiss-Italian technology executive Stefano Santinelli to lead its Europe Atlantic business area, covering major markets including France, Italy, Switzerland, the Netherlands, Belgium, Denmark, Norway, the Czech Republic, Slovakia and South Africa. Reporting directly to … Read the full press release →

Statkraft Strengthens Reliability of Norwegian Hydropower Assets With Vikfalli Investment

(IN BRIEF) Statkraft will invest approximately NOK 460 million in new control systems for the Vikfalli hydropower system in Vik municipality, Norway, covering the Målset, Refsdal and Hove power plants, which together produce around 860 GWh annually, equivalent to the … Read the full press release →

ABB Technology to Support Long-Life Upgrade of Norway’s Vikfalli Hydropower Complex

(IN BRIEF) ABB has been selected by Statkraft AS to modernize the Vikfalli hydropower complex in Norway, covering three plants — Målset, Refsdal and Hove — with five generating units and annual production of 830 GWh, enough to supply around … Read the full press release →

LevelTen Energy Partnership Adds Renewable Procurement Capabilities to ABB Portfolio

(IN BRIEF) ABB has formed a strategic partnership with and made a minority investment in LevelTen Energy, the world’s largest clean energy marketplace. The partnership will strengthen ABB’s energy and carbon advisory services by adding renewable energy procurement capabilities, including … Read the full press release →

Rotork to Join ABB Automation as Separate Division Under Proposed $5.5 Billion Transaction

(IN BRIEF) ABB has agreed terms for a recommended all-cash offer to acquire Rotork plc, valuing the flow control and electric actuator specialist at an enterprise value of around $5.5 billion. The offer is set at 503 pence per Rotork … Read the full press release →

Høglund Marine Automation Business to Join ABB Marine and Ports Division

(IN BRIEF) ABB has entered into an agreement to acquire Norwegian marine automation company Høglund AS, which will be integrated into ABB’s Marine & Ports division following completion expected in the third quarter of 2026. Høglund provides modular integrated automation … Read the full press release →

ABB Expands Medium-Voltage Production Capacity Across Europe to Support Power Grid Modernization

(IN BRIEF) ABB will invest approximately $200 million across Europe over the next three years to expand medium-voltage manufacturing capacity and support the modernization of electricity grids. The investment program includes a major new $100 million facility in Italy focused … Read the full press release →

ABB Secures Major Contract to Support Eva Copper Mine Development and Strengthen Global Copper Supply

(IN BRIEF) ABB has been awarded a contract to supply gearless and ring-geared mill drive systems for the Eva Copper Mine Project in Queensland, Australia, developed by Harmony Gold. The project is expected to produce around 60,000 tonnes of copper … Read the full press release →

ABB to invest $75 million in India to expand manufacturing capacity and strengthen electrification and automation R&D

(IN BRIEF) ABB has announced plans to invest approximately $75 million in India in 2026 to expand its manufacturing capacity and research and development capabilities in electrification and automation technologies. The investment builds on more than $35 million invested in … Read the full press release →

ABB introduces next-generation Automation Extended ecosystem combining DCS reliability with AI, analytics, and IoT capabilities

(IN BRIEF) ABB has introduced its Automation Extended program, a strategic evolution of its distributed control systems designed to help industries modernize their automation infrastructure without disrupting operations or risking system integrity. The initiative builds on ABB’s established platforms such … Read the full press release →

ABB Strengthens Sustainability Leadership with Dual Climate and Water A List Recognition and AWS Gold Certification

(IN BRIEF) ABB has earned A ratings for both climate change and water stewardship in CDP’s 2025 rankings, securing a place on the Climate Change A List for the third consecutive year and joining the Water A List for the … Read the full press release →

ABB Wins Major Contract to Support Rotterdam’s Transition to Zero-Emission Port Operations

(IN BRIEF) ABB has signed contracts with Rotterdam Shore Power to engineer and construct shore power systems with a combined capacity of more than 100 MVA at the Port of Rotterdam. The installations, scheduled to begin operation in the second … Read the full press release →

ABB strengthens global renewable capabilities with addition of Gamesa Electric expertise and 46 GW of serviceable wind converter capacity

(IN BRIEF) ABB has completed its acquisition of Gamesa Electric’s power electronics business from Siemens Gamesa, expanding its renewable energy portfolio at a time of accelerating global demand for solar, wind, and storage technologies. The deal brings approximately 400 employees, … Read the full press release →

Swedish Industry Giants Join Forces with Vattenfall to Expand Fossil-Free Power at Ringhals

(IN BRIEF) Vattenfall and Industrikraft have formalized a partnership to develop new nuclear power in Sweden, with Industrikraft acquiring a 20% share in Videberg Kraft AB and investing SEK 400 million. The consortium, which includes leading Swedish companies such as … Read the full press release →

ABB and Enedis Strengthen Partnership to Accelerate France’s Grid Decarbonization and Modernization

(IN BRIEF) ABB and Enedis have signed a new five-year framework agreement, extendable to eight years, to modernize and decarbonize France’s electricity distribution network. Building on their 2017 collaboration to phase out SF6 gas from medium-voltage switchgear, the renewed partnership … Read the full press release →

ABB Strengthens AI Data Center Innovation with NVIDIA through New Gigawatt-Scale Power Technologies

(IN BRIEF) ABB has entered into a partnership with NVIDIA to develop advanced power distribution solutions that will enable the construction of next-generation gigawatt-scale data centers capable of handling the growing energy demands of artificial intelligence workloads. The collaboration centers … Read the full press release →

One Click LCA expands global sustainability reach by joining with SimaPro and PRé Sustainability to create the largest LCA platform

(IN BRIEF) One Click LCA has integrated SimaPro and PRé Sustainability into its operations, forming the world’s largest and most advanced life-cycle assessment (LCA) platform. With over 500,000 datasets across multiple industries, the combined platform blends SimaPro’s scientific rigor with … Read the full press release →

Kuehne+Nagel and ABB Enhance Chilean Logistics Partnership with Last-Mile and Fulfillment Services

(IN BRIEF) Kuehne+Nagel and ABB have expanded their partnership in Chile to encompass last-mile delivery and fulfillment under contract logistics, building on more than ten years of joint air freight operations. Kuehne+Nagel will handle logistics for ABB’s Electrification, Motion and … Read the full press release →

ABB’s BESS-as-a-Service Offers Businesses a Flexible, Zero-CapEx Solution for Energy Storage and Sustainability

(IN BRIEF) ABB has launched its Battery Energy Storage Systems-as-a-Service to provide businesses with a flexible, zero-CapEx solution for energy storage. This service, designed for various industries, enables companies to adopt advanced energy solutions without large capital investments, ensuring immediate … Read the full press release →

ABB to Spin Off Robotics Division as Standalone Company by 2026

(IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the … Read the full press release →

ABB Strengthens Leadership in Smart Building Solutions with Acquisition of Siemens’ Wiring Accessories Business in China

(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release →

ABB Shareholders in Sweden Can Receive Dividend in Swedish Krona via Dividend Access Facility

(IN BRIEF) ABB shareholders who are tax-resident in Sweden and hold shares registered with Euroclear Sweden can opt to receive their dividend in Swedish kronor through the Dividend Access Facility (DAF), avoiding Swiss withholding tax. The application period for the … Read the full press release →

ABB Acquires Sensorfact to Strengthen Digital Energy Solutions for Industrial Clients

(IN BRIEF) ABB has acquired Sensorfact BV, a leader in energy management solutions, to enhance its digital energy offerings for industrial clients. Sensorfact’s AI-powered SaaS platform helps small and medium-sized enterprises optimize energy consumption and reduce operational costs. This acquisition … Read the full press release →

Holcim Moves Forward with North American Spin-Off and Announces Designated Board Members

(IN BRIEF) Holcim has announced its next steps in preparing for the spin-off of its North American business, including the designation of the new Board of Directors. The 10-member Board will become official following shareholder and regulatory approvals, expected by … Read the full press release →

ABB Partners with ESS to Revolutionize Automotive Paint Shop Operations

(IN BRIEF) ABB has partnered with Engineering Software Steyr GmbH (ESS) to revolutionize automotive paint shop operations through advanced simulation tools. The collaboration, which includes ABB taking a minority stake in ESS, will eliminate the need for prototyping, reduce operational … Read the full press release →

ABB Acquires SIB to Strengthen Cable Protection and Electrification Portfolio Across Key Markets

(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release →

ABB and Zumtobel Group Unite to Propel Smart Building Innovations and Direct Current Applications

(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release →

ABB Expands Environmental Monitoring Capabilities with Acquisition of Födisch Group

(IN BRIEF) ABB has announced the acquisition of Födisch Group, a leading German company specializing in advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will strengthen ABB’s position in continuous emission monitoring systems (CEMS), allowing … Read the full press release →

ABB Appoints New Presidents for Electrification and Motion Business Areas

(IN BRIEF) ABB has named Giampiero Frisio as the President of its Electrification Business Area and Brandon Spencer as the President of its Motion Business Area, effective August 1, 2024. Both Frisio and Spencer, currently serving as Division Presidents within … Read the full press release →

ABB Expands Market Reach in China with Acquisition of Siemens’ Wiring Accessories Business

(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release →

ABB Ventures into AI-powered Energy Management with Ndustrial Investment

(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release →

ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release →

ABB Releases Integrated Report Showcasing Record-Breaking Year and Sustainability Progress

(IN BRIEF) ABB has released its Integrated Report, along with its Annual Reporting Suite for 2023, detailing the company’s strategy, business performance, governance, and sustainability achievements. The report highlights ABB’s record-breaking year in 2023, emphasizing its role as a technology … Read the full press release →

ABB Appoints Morten Wierod as CEO Successor to Lead Company’s Next Chapter

(IN BRIEF) ABB, a global technology leader in electrification and automation, has announced the appointment of Morten Wierod as its new Chief Executive Officer (CEO), succeeding Björn Rosengren. Wierod, currently serving as President of the Electrification Business Area, will assume … Read the full press release →

ABB Announces Annual General Meeting 2024: Key Details and Agenda Revealed

(IN BRIEF) ABB has released an invitation to its Annual General Meeting (AGM) scheduled for March 21, 2024, at 10:00 a.m. The meeting will take place at Halle 550, Birchstrasse 150, 8050 Zurich, Switzerland, and will also be broadcast online. … Read the full press release →

ABB to Expand Electrification Service Portfolio with SEAM Group Acquisition

(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release →

AI IN JAN 2024 ACROSS EUROPE: THE LATEST IN AI (ARTIFICIAL INTELLIGENCE) RESEARCH, DEPLOYMENTS, DEVELOPMENTS, DEALS, ETC.

(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release →

ABB Expands AI and Software Capabilities with Acquisition of Meshmind to Boost Automation Innovation

(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release →

ABB to Enhance Smart Water Management with Acquisition of Real Tech’s Optical Sensor Technology

(IN BRIEF) ABB has announced its acquisition of Canadian company Real Tech, a leader in optical sensor technology for real-time water monitoring and testing. This strategic move will bolster ABB’s presence in the water sector and complement its product portfolio … Read the full press release →

ABB Expands Partnership with Volvo Cars to Supply Over 1,300 Robots for EV Production

(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release →