Tag Archives: ABB

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

ABB Partners with Gravitricity to Advance Gravity Energy Storage in Abandoned Mines

(IN BRIEF) ABB has entered into an agreement with Gravitricity, a UK-based gravity energy storage company, to collaborate on the development and implementation of gravity energy storage systems in disused mines. Gravitricity’s innovative GraviStore system utilizes heavy weights in underground … Read the full press release

ABB Names Mathias Gaertner as General Counsel and Company Secretary, Strengthening Legal Leadership

(IN BRIEF) ABB has appointed Mathias Gaertner as General Counsel and Company Secretary, as well as a Member of the Executive Committee. He will officially join ABB in 2024 and will succeed Natalia Shehadeh, who has been serving as General … Read the full press release

Carbon Capture Partnership: ABB and Imperial College’s 10-Year Vision

(IN BRIEF) ABB and Imperial College London have extended their partnership for a decade to operate a unique carbon capture pilot plant. Located at Imperial College, this plant provides hands-on training to thousands of students, showcasing ABB’s advanced technology solutions. … Read the full press release

New Report by Energy Efficiency Movement Charts Path to Significant Emissions Reduction and Cost Savings for Industries

(IN BRIEF) The Energy Efficiency Movement (EEM), founded by ABB and comprising over 400 organizations worldwide, has published a report titled “The Case for Industrial Energy Efficiency.” This report offers corporate leaders insights into ten measures that leverage mature technologies … Read the full press release

ABB to Deliver Power Distribution System for Samskip’s Hydrogen-Powered Container Ships

(IN BRIEF) ABB has secured an order to provide a comprehensive power distribution system for two new short-sea container ships being built for Samskip Group, a global logistics company based in Rotterdam. These vessels will be among the world’s first … Read the full press release

ABB Collaborates with Northvolt to Enhance Energy Efficiency and Battery Recycling for Sustainable Future

(IN BRIEF) ABB will provide switchgears and variable speed drives to Northvolt Ett, a battery gigafactory in Sweden, aiming to match power output with factory processes to improve energy efficiency, performance, and maintenance. Northvolt Ett, powered by 100% fossil-free energy, … Read the full press release

ABB Formula E Showcases E-Mobility in Rome, Highlighting Commitment to Sustainability

(IN BRIEF) The ABB FIA Formula E World Championship is set to take place in Rome this weekend, showcasing the excitement of e-mobility. The circuit, located in the south of the city, is one of the longest tracks on the … Read the full press release

ABB and Microsoft Partner to Integrate Azure OpenAI Service into Genix Industrial Analytics and AI Suite

(IN BRIEF) ABB and Microsoft have announced an expanded partnership to integrate Azure OpenAI Service into ABB’s Genix Industrial Analytics and AI suite. The collaboration aims to leverage generative AI technology to help industrial customers gain insights from operational data. … Read the full press release

ABB Completes Divestment of Power Conversion Division to AcBel Polytech Inc. for $505 Million

(IN BRIEF) ABB has successfully completed the divestment of its Power Conversion division to AcBel Polytech Inc. for an enterprise value of $505 million. This transaction marks the completion of all divisional portfolio divestments announced by ABB in late 2020. … Read the full press release

ABB Robotics and Junglekeepers Launch Innovative Project: Cloud-Enabled Robot Automates Amazon Reforestation

(IN BRIEF) ABB Robotics and Junglekeepers have partnered in a pilot project to automate reforestation efforts in the Amazon using Cloud technology. ABB’s cobot YuMi has been deployed to automate seed planting tasks, allowing volunteers to focus on other impactful … Read the full press release

ABB and Formula E Launch ABB Driver of Progress Award for Most Progressive Driver

(IN BRIEF) ABB and Formula E have launched a new award, the ABB Driver of Progress, for the driver who gains the most positions during an E-Prix. The driver who can best balance speed, overtaking skill, and energy management will … Read the full press release

Die innovative Technologie von ABB unterstützt nachhaltige Mobilitätslösungen für den deutschen Elektrofahrzeugmarkt

(IN KÜRZE) Die ABB FIA Formel-E-Weltmeisterschaft kehrt auf den Berliner Flughafen Tempelhof zurück, den größten Elektrofahrzeugmarkt in Europa. ABB bietet Robotik- und Automatisierungslösungen für die deutsche Automobilbranche und hilft beim Aufbau der landesweiten Ladeinfrastruktur für Elektrofahrzeuge. Die Batterieproduktion ist ein … Read the full press release

ABB’s innovative technology supports sustainable mobility solutions for Germany’s EV market

(IN BRIEF) The ABB FIA Formula E World Championship returns to Berlin’s Tempelhof Airport, the largest EV market in Europe. ABB provides robotics and automation solutions for Germany’s automotive sector and helps establish the country’s EV charging infrastructure. Battery production … Read the full press release