Tag Archives: global leader

Thales Leads the Way in Trusted, Ethical AI for Critical Systems and Global Security

(IN BRIEF) Thales, a global leader in defence, aerospace, and cybersecurity, continues to lead AI innovation for critical systems. The company is committed to developing trusted, ethical AI that emphasizes transparency, energy efficiency, and cybersecurity. With cutting-edge AI solutions applied … Read the full press release

Knorr-Bremse Celebrates 120 Years of Innovation and 20 Years of Global Care Initiatives

(IN BRIEF) Knorr-Bremse is celebrating its 120th anniversary in 2025, marking a significant milestone in the company’s growth from its founding by Georg Knorr in Berlin in 1905 to becoming a global leader in braking systems for rail and commercial … Read the full press release

Christian Levin Elected Chair of ACEA’s Commercial Vehicles Board for 2025

(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release

ABB to acquire Power-One for approximately $1B and become the leading global supplier of solar inverters – the “intelligence” behind a solar PV system

The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release