ABB renews focus on electrification and automation with new tagline
02 Nov 2024
ABB, a global leader in electrification and automation technology, has come out with a new tagline, 'Engineered to Outrun,' as part of its efforts to reposition itself in the areas of dominance.
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ABB to buy back shares worth up to $1 billion
01 Apr 2024
Electrification and automation technology leader ABB will launch a new share buyback programme for up to $1 billion, under which the company will be buying back nearly 21.3 million shares at the current market price.
ABB to acquire DTN’s weather routing business to expand marine software portfolio
25 Jan 2024
Swedish-Swiss technology conglomerate ABB has agreed to acquire the shipping business of weather and meteorological forecasting specialist DTN
ABB boosts technology base with 3 new acquisitions in January
20 Jan 2024
Swedish-Swiss multinational ABB has made three major technology acquisitions in January that the company says will cement its capabilities in core business areas such as utility, manufacturing, transportation and infrastructure.
ABB teams up with Titagarh Rail for metro projects in India
22 Nov 2023
ABB Ltd, a global leader in electrification and automation technology, has formed a strategic partnership with Titagarh Rail Systems Ltd for the supply of Metro Rail propulsion systems.
ABB sells over 80% in Power Grids to Hitachi for $9.1 bn
18 Dec 2018
Post divestment ABB plans to modify the structure of its remaining businesses and focus on simplified digital industries for enhanced customer value and shareholder returns
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