ABB to buy back shares worth up to $1 billion

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

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

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

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 to sell solar inverter business to Italy’s FIMER

09 Jul 2019

NITI Aayog, ABB facilitate adoption of AI technologies by MSMEs

27 Mar 2019

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

ABB, Schneider Electric, PE firms in the race for GE’s industrial solutions division

22 Apr 2017

ABB buys Austrian industrial automation firm Bernecker & Rainer for reported $2 bn

05 Apr 2017

ABB wins order to supply 1600 transformers to support railway expansion in India

16 Nov 2016

View details about the software product Informachine News Trackers