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In December 2018, ABB and Hitachi Ltd. announced that Hitachi would take over ABB's power grid business for about $6.4 billion. "Change cookie settings" at the bottom of any page. information, please read our Cookie Information. ABB's 1991 introduction of the IRB 6000 robot, demonstrated its increased capacity in this field. Research and development activities are conducted at our corporate research centers. © Copyright 2020 ABB    Provider information/Impressum   Privacy Notice   Change cookie settings. The Power Grids business offers components for the transmission and distribution of electricity, and incorporates ABB's manufacturing network for transformers, switchgear, circuit breakers, and associated high voltage equipment such as digital protective relays. "Change cookie settings" at the bottom of any page. [21] Thereafter, ABB's power business was focused on renewable energy and transmission and distribution. ABB has four customer-​focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. You can receive notifications when a job opportunity is published. Södra Cell chooses ABB to supply new Quality Control System for eco-friendly, specialty pulp mill in Sweden Press release | Zurich, Switzerland | 2020-10-07 Fully integrated solution will enhance product quality through improved control of production changes The largest single stake in the firm is held by the Swedish investment company Investor AB, controlled by the Wallenberg family, which holds 11.5%.

Research areas. In 2014, ABB unveiled YuMi, a collaborative industrial robot.

It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. It is quick and easy to register and track the progress of your application. At the same time, ABB's board announced it would seek the return of money "paid in excess of obligations to Goran Lindahl and to Percy Barnevik," two former chief executive officers of the group.

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The acquisition of GE Industrial Solutions, which closed in June 2018, further strengthened ABB's #2 global position in electrification. [22] The loss was caused by ABB's decision to nearly double its provisions for settlement costs in asbestos-related litigation against Combustion Engineering in the US from $470 million to $940 million.

The innovative, dual-arm assembly robot permits people and machines to work side by side, unlocking new potential for automation in a range of industries. ABB (ABBN : SIX Swiss Ex) est une entreprise leader en ingénierie à l'échelle mondiale qui dynamise la transformation de la société et de l’industrie afin de bâtir un futur plus productif et durable. ABB Corporate Research Center. The move aligned with ABB's strategy to increase its market share in the North American industrial motors business.[29].

In 2008, ABB agreed to acquire Kuhlman Electric Corporation, a US-based maker of transformers for the industrial and electric utility sectors. we can improve it. The merger created a global industrial group with revenue of approximately $15 billion and 160,000 employees.[11]. [32], On 6 July 2017, ABB announced it had completed its acquisition of Bernecker + Rainer Industrie-Elektronik (B&R), the largest independent provider of product and software-based, open-architecture for machine and factory automation. The claims were linked to asbestos products sold by Combustion Engineering prior to its acquisition by ABB.

that does not directly identify anyone. With nine locations in seven countries – China, India, Germany, Poland, Sweden, Switzerland and the United States – we bring together a highly skilled international team of scientists and engineers. [36], In March 2020, ABB announced that it had agreed to sell its inverter business to Italian inverter manufacturer Fimer. ABB has installed over 300,000 robots globally. that does not directly identify anyone. [18] The acquisition increased ABB's presence in the high-tech industrial robotics and factory control system sectors, which reducing its reliance on traditional heavy engineering sectors such as power generation and transmission. In 2000, ABB divested its interests in ABB Alstom Power and sold its boiler and fossil-fuel operations to Alstom.

In 2002, ABB announced its first-ever annual loss, a $691 million net loss for 2001. You can change these settings any time later by clicking The Robotics & Discrete Automation business has been positioned to capture the opportunities associated with the “factory of the future” by providing services for flexible manufacturing and smart machinery. The business has strong exposure to a range of rapidly growing segments, including renewables, e-mobility, data centers and smart buildings. The goal was to create the world's largest maker of locomotives and railway cars. The acquisition expanded ABB's presence in automated spot-welding and positioned the company to better serve the American automotive industry. order to provide you a more personalized experience. ABB Corporate Research Center.

[40], Prior to the 2016-17 Formula E season, it was announced that ABB would become the official title sponsor of Formula E.[41], In May 2013, ABB Sécheron SA joined with several groups in Geneva TOSA (Trolleybus Optimisation Système Alimentation, or in English, Trolleybus Power System Optimization) in a one-year demonstration of a trolleybus route using a novel charging system. Sweden.

Please select the optional cookies we can set on your device: We collect statistics in order to understand how our visitors interact with the website and how A similar pattern played out in Asia, where economic reforms in China and the lifting of some Western sanctions, helped open the region to a new wave of outside investment and industrial growth.

We have a complete portfolio of industrial technology products for customers in utilities, transport and infrastructure. It also offers maintenance services. Ulrich Spiesshofer was named ABB's CEO, succeeding Joe Hogan. In 1990, ABB launched Azipod, a family of electric propulsion systems that extends below the hulls of large ships, providing both thrust and steering functions. [23], In 2005, ABB delisted its shares from the London Stock Exchange and Frankfurt Stock Exchange.[24].

Customers include a wide range of industry and utility operations, plus commercial and residential buildings. The new company, ABB Daimler-Benz Transportation (Adtranz), had an initial global market share of nearly 12 percent. [3], Media related to ABB Group at Wikimedia Commons, Swiss-Swedish robotics and electrical equipment company, "ABB" redirects here. ABB | 2,237,761 followers on LinkedIn | ABB is a #technology leader that is driving the digital transformation of industries. Rather than overhead wires, charging is accomplished by fixed overhead devices located at stops along the route and at the terminus. you request. [46] Voser was elected Chairman of the Board of Directors in April 2015[47] and succeeded Hubertus von Grünberg, who had been Chairman since May 2007. We have a complete portfolio of industrial technology products for customers in utilities, industry, transport and infrastructure. [9] Brown, Boveri & Cie (BBC) was formed in 1891 in Zurich, Switzerland by Charles Eugene Lancelot Brown and Walter Boveri[10] as a Swiss group of electrical engineering companies producing AC and DC motors, generators, steam turbines and transformers. In line with this commitment, and also to advance the academic fields that are of interest to ABB, we recently announced the ABB Research Award in Honor of Hubertus von Gruenberg, the former chairman of the board of directors at ABB.

ABB est un leader mondial dans les technologies de l’énergie et de l'automation qui permet à ses clients dans l’industrie, le transport, les infrastructures et les utilités d’améliorer leurs performances tout en diminuant l’impact de leurs activités sur l’environnement.

At the time of its launch, the IRB 6000 was the fastest and most accurate spot-welding robot on the market. For more In 1998, ABB acquired Sweden-based Alfa Laval's automation unit, which at the time was one of Europe's top suppliers of process control systems and automation equipment.[17]. [11] The new corporation was to be based in Zurich, Switzerland and Västerås, Sweden, with each parent company holding 50 percent. ABB, formerly ASEA Brown Boveri, is a Swiss-Swedish multinational corporation headquartered in Zurich, Switzerland and Västerås, Sweden, operating mainly in robotics, power, heavy electrical equipment, and automation technology areas.

We have a vast portfolio of products, systems, services and solutions for customers in a large number of industries. [39], ABB's Robotics & Discrete Automation business combines machine and factory automation systems, mainly from B&R, which ABB acquired in 2017, with a comprehensive robotics concepts and applications suite. Please select the optional cookies we can set on your device: We collect statistics in order to understand how our visitors interact with the website and how In 2000, ABB brought to market the world's first commercial, high-voltage, shore-to-ship electric power, at the Swedish port of Gothenburg. information, please read our Cookie Information. [12], In 1989, ABB purchased an additional 40 companies, including Westinghouse Electric's transmission and distribution assets, and announced an agreement to purchase the Stamford, Connecticut-based Combustion Engineering (C-E).[13]. You can change these settings any time later by clicking We store choices you have made so that they are remembered when you visit our website again in In July 2013, ABB acquired Power-One in a $1 billion all-cash transaction, to become the leading global manufacturer of solar inverters. ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. On 30 January 2012, ABB acquired Thomas & Betts, a North American leader in low voltage products for industrial, construction and utility applications, in a $3.9 billion cash transaction. [28], In 2011, ABB acquired Baldor Electric for $4.2 billion in an all-cash transaction. Rosengren was then serving as chief executive officer of Swedish mining-equipment giant Sandvik AB.

You can explore them by industry below. [35], ABB's Motion business provides a range of electrical motors, generators, drives and services, as well as integrated digital powertrain solutions. In August 2019, ABB announced industrial veteran Björn Rosengren would take over as CEO starting March 2020. We have a complete portfolio of industrial technology products for customers in utilities, transport and infrastructure.

[35], On 17 December 2018, ABB announced it had agreed to sell 80.1% of its Power Grids business to Hitachi.

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