ZURICH, Jan 20 (Reuters) - ABB ABBN.S has sold its power conversion business to AcBel Polytech Inc 6282.TW for $505 million, the Swiss engineering and technology company said on Friday. The sale is ...
Switzerland-based industrial conglomerate ABB announced it has completed the acquisition of Gamesa Electric's power electronics business in Spain from Siemens Gamesa. The financial terms of the ...
Ongoing portfolio restructuring positions ABB to capitalize on growth opportunities in electrification and automation. Well-positioned to benefit from stimulus spending worldwide. Good 1H 2023. Strong ...