Sunday, August 4, 2013

"ABB" Abb Ltd

We are a global provider of power and automation technologies that enable  utility and industry customers to improve performance while lowering  environmental impact. We serve electric, gas and water utilities, as well as  industrial and commercial customers, with a broad range of products, systems and  services for power transmission, distribution and power plant automation. We  also deliver automation systems for measurement, control, motion, protection and  plant optimization across a full range of industries. We apply our expertise to  develop creative ways of integrating our products and systems with our  customers' business processes to enhance their productivity and efficiency.  History of the ABB Group  The ABB Group was formed in 1988 through a merger between Asea AB and BBC  Brown Boveri AG.

ABB Ltd (ABB) is engaged in power and automation technologies. The Company provides a range of products, systems, solutions and services. Its power businesses focus on power transmission, distribution and power-plant automation and serve electric, gas and water utilities, as well as industrial and commercial customers. Its automation businesses serve a range of industries with measurement, control, protection and process optimization applications. It operates in approximately 100 countries across four regions: Europe, the Americas, Asia, and the Middle East and Africa (MEA). During the year ended December 31, 2011, business consisted of five divisions: Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products and Process Automation. In May 2012, the Company acquired Thomas & Betts Corporation. In July 2013, the Company acquired Power-One Inc.
ABB is a global leader in power and automation technologies.  Based in Zurich, Switzerland, the company employs 145,000 people and operates in approximately 100 countries.  The firm’s shares are traded on the stock exchanges of Zurich, Stockholm and New York.
ABB’s business is comprised of five divisions that are in turn organized in relation to the customers and industries we serve.
The company in its current form was created in 1988, but its history spans over 120 years.  ABB’s success has been driven particularly by a strong focus on research and development.  The company maintains seven corporate research centers around the world and has continued to invest in R&D through all market conditions.
The result has been a long track record of innovation.  Many of the technologies that underlie our modern society, from high-voltage DC power transmission to a revolutionary approach to ship propulsion, were developed or commercialized by ABB.  Today, ABB stands as the largest supplier of industrial motors and drives, the largest provider of generators to the wind industry, and the largest supplier of power grids worldwide.



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