ABB has acquired Lumin, a U.S.-based responsive energy management systems company, to expand ABB's home energy management ...

"Some of their products complement what we have ... Profitability in Gamesa Electric's power electronics unit is below the margin of ABB's motion business area, but the company sees lots of ...

The large-cap stock has declined 10% so far this month and 19% over the past three months, retreating from its all-time high ...

Combining ABB’s global expertise with Lumin’s flexible platform sets a new standard for smarter, more sustainable homes.

The deal focuses on electrical products for energy conversion ... and services agreement with Siemens Gamesa. ABB previously sold its power electronics business to Italian manufacturer Fimer ...

Edgecom Energy is claimed to be the first in the market to make use of a generative AI copilot to help industrial and ...

Credit: ABB. ABB Electrification has been selected to provide critical power components and systems for the HS2 rail project in the UK. The deal includes the supply of low voltage power components, ...

ZURICH (Reuters) - ABB has agreed to acquire the power electronics unit of Gamesa ... over the medium to long term. "Some of their products complement what we have, so we will be able to offer ...