ABB Ltd is a Swiss-Swedish multinational corporation that operates in the field of electrification, industrial automation, robotics, and motion. The company was founded on January 5, 1988, through the merger of Swedish company ASEA (Allmänna Svenska Elektriska Aktiebolaget) and Swiss company BBC (Brown, Boveri & Cie). The merger created ABB, with its headquarters located in Zurich, Switzerland.
ABB's primary business areas are divided into four segments: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation. The company provides a wide range of products and solutions, including electric vehicle charging infrastructure, power grids, transformers, motors, drives, industrial robots, process automation, and more.
The company operates globally, serving customers in various industries, including utilities, transportation, oil and gas, mining, and manufacturing. ABB's solutions play a vital role in improving energy efficiency, increasing productivity, and promoting sustainability for its customers.
With its long history and expertise in the field of electrification and automation, ABB has established itself as a leading player in the global market. The company continues to innovate and invest in research and development to stay at the forefront of technological advancements in its industry. ABB also actively pursues strategic partnerships and collaborations to expand its offerings and address the evolving needs of its customers worldwide.