The ABB board of directors have agreed to the acquisition of Power-One for US$1.03 billion in equity value or $6.35 per share in cash. ABB will finance the transaction out of its own funds. Power ...

ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering and technology company said on Friday. Taiwan-based AcBel said the ...

ABB has announced that its 2,000V OTDC is the first switch-disconnector of this size to receive certification from UL Solutions.

TOKYO/ZURICH (Reuters) - ABB (ABBN.S) will sell a majority stake in its Power Grids division to Japan's Hitachi <6501.T> and return the proceeds to shareholders, bowing to pressure from an ...

ABB, the leading power and automation technology group, announced that it has established a new Turbine Automation Center of Competence (CoC) for steam and gas turbine applications for the North ...

Soaring investments in data centers, driven by growth in artificial intelligence, have been a bright point for ABB, which produces transformers that enable power grids to feed the centers’ substantial ...

ZURICH, Dec 18 (Reuters) - ABB (ABBN.S), opens new tab has agreed to acquire the power electronics unit of Gamesa Electric in Spain from Siemens Gamesa (ENR1n.DE), opens new tab to boost its ...

"ABB India expands its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru," the company said in a statement.

ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering and technology company said on Friday. Taiwan-based AcBel said ...