Tag: ABB

Schneider Electric leads ABB & Siemens bid to buy

French company Schneider Electric, is the current front runner to bid for control of UK engineering company Ivensys with a reported bid of USD 5B.

ABB wins power grid orders in Canada

ABB has won orders worth $55 million from Canadian utility BC Hydro to deliver flexible alternating current transmission systems (FACTS) solutions that help increase transmission capacity through new and existing power lines.

Hydro One substation order won by ABB

Power and automation technology group, ABB has won a major order from Ontario,     Canada power transmission and distribution utility, Hydro One Networks Inc.

ABB to acquire Thomas & Betts

Power and automation technology group ABB and North American low voltage product manufacturer, Thomas & Betts have agreed to a transaction in which ABB will acquire Thomas & Betts for approximately USD3.