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22/09/2016 10:45AM

ABB to Divest Cable Business to NKT Cables

NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, ...

27/10/2016 8:05PM

ABB Names Timo Ihamuotila as New Chief Financial Officer

Timo Ihamuotila joins pioneering technology leader ABB as Chief Financial Officer from Nokia, effective April 1, 2017 Proven Chief Financial Officer with extensive experience in communications, software and ...

27/10/2016 8:20PM

ABB: Continued Margin Growth in Tough Markets

Operational EBITA margin1 increased to 12.6% White Collar Productivity on track towards $1.3 bn savings; expected total costs reduced by $100 mn Net Income $568 million; basic earnings per share up 2% Base ...

20/10/2016 8:44PM

First ABB Research Award in Honor of Hubertus von Gruenberg Given to Dr. Jef Beerten

Dr. Jef Beerten, of the University of Leuven (KU Leuven) and EnergyVille, postdoctoral fellow of Research Foundation – Flanders (FWO), Belgium, is the first recipient of the ABB Research Award in Honor of Hubertus ...

28/11/2017 1:44AM

ABB and Kawasaki Announce Collaborative Robot Automation Cooperation

ABB and Kawasaki Heavy Industries, two global industrial automation and robot suppliers, announced today that the companies will join forces to share knowledge and promote the benefits of collaborative robots, in ...

20/12/2017 8:45PM

ABB Completes EPC Business Model Change

Power Grids: joint venture agreement for electrical substations infrastructure project business with SNC-Lavalin signed, closing expected 2018 Industrial Automation: oil & gas EPC activities to be moved into ...

22/12/2017 6:30PM

Peak Performance: ABB Technology Powers New Cable Car Zugspitze

Long queues waiting to ascend Germany’s tallest mountain may now be history. And that is not the only thing historical about the new ABB-powered cable car system that opened can take as many as 580 passengers an ...

29/11/2017 3:20PM

ABB and HPE Bring Intelligence to Industrial Plants

ABB and Hewlett Packard Enterprise (HPE) announced a strategic global partnership that combines ABB’s industry-leading digital offerings, ABB AbilityTM, with HPE’s innovative hybrid information technology ...