News & Media

ABB announced today that it has appointed Christian Nilsson as CFO and member of the Executive Committee effective February 1, 2026. He will succeed Timo Ihamuotila, who has decided to step down from the Executive Committee at the same time and leave ABB at the end of 2026 ensuring a smooth transition. ABB CEO Morten Wierod said: “Timo has played a key role in ABB’s transformation to a more

ABB announced today that it is accelerating the development of gigawatt scale next-generation data centers in collaboration with NVIDIA. Innovation will focus on the development and deployment of cutting-edge power solutions needed to create high-efficiency, scalable power delivery for future AI workloads. The research and development projects will support NVIDIA’s planned introduction of 800 VDC

ABB announced today that Sami Atiya, President Robotics & Discrete Automation business area and Member of the Executive Committee, will leave ABB by the end of 2026 in line with the announced divestment of the Robotics division to SoftBank Group. As part of the plans, ABB will dissolve its Robotics & Discrete Automation business area as of Q4 2025 and move to three business areas. Sami will step

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange ABB today announced it has signed an agreement to divest its Robotics division to SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin-off the business as a separately listed company. The transaction is subject to regulatory approvals and

ABB Installation Products is advancing the home EV charging landscape with its new Microlectric® EM Series Electric Vehicle Energy Management System (EVEMS). Designed to optimize energy distribution without costly electrical upgrades, ABB’s latest EVEMS helps remove barriers to residential charging, making EV ownership more accessible and cost-effective. Increasing EV adoption is leading

ABB has signed a Memorandum of Understanding (MoU) with SimGenics, an advanced plant simulator company, to support the development and provision of engineering, training and distributed control system (DCS) simulators for the nuclear energy industry, primarily in North America. The collaboration comes at an important time, with both US and Canadian governments implementing policy frameworks to

ABB announced today that it will invest more than CA$130 million (around US$100 million) to expand the R&D and production capacity of its advanced power protection and grid resilience technologies in Canada. The investment in Montreal, Quebec will combine ABB’s existing Iberville and Saint-Jean-sur-Richelieu facilities at a new greenfield location. This will enable ABB to meet increasing demand in

Record-high order intake and improved business performance

ABB has been ranked 14th in TIME’s “World’s Most Sustainable Companies 2025” and third in Switzerland across all industries. TIME and Statista assessed over 5,000 of the world's largest and most influential companies, considering factors such as revenue, market capitalization, and public prominence. The top 500 companies from 35 countries and 21 industries were identified using a transparent

ABB is collaborating with Hydrosat, a company leveraging thermal satellite data and AI to address critical global challenges in food production, security, and natural resource management to develop and manufacture propriety infrared cameras that generate accurately calibrated surface temperature maps, helping to tackle water scarcity. Following the successful launch and in-orbit commissioning of

On February 10, 2025, ABB will launch its previously announced new share buyback program of up to $1.5 billion. Based on the current ABB share price this represents a maximum of approximately 27.6 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 663,417. This new program is consistent with ABB’s capital allocation principles

Ending record-high 2024 with strong order growth and positive 2025 outlook

• Claudia Nemat to be proposed as new board member • Lars Förberg to step down from board

ABB announced today the acquisition of Lumin, a U.S.-based pioneer and leading provider of responsive energy management systems, to expand its home energy management capabilities in the North American residential sector. The acquisition follows a strategic minority investment by ABB into the company in 2023. Financial terms of the transaction were not disclosed. The acquisition brings Lumin's

New findings suggest strong near-term investment interest in mine electrification among North American companies

ABB is investing in a strategic partnership with Edgecom Energy, the Toronto-based energy management startup. The company’s unique energy management platform uses artificial intelligence to help industrial and commercial users manage and reduce peaks in their power demand. It is the first in the market to use a generative AI copilot to optimize the user experience. The partnership involves a

ABB announced it has completed the acquisition of Aurora Motors. The transaction was originally announced on November 4, 2024, and financial terms were not disclosed. Aurora Motors is a $4 milllion U.S. vertical pump motors provider, with engineering and operations in Shanghai, China, and a corporate office and distribution center in Hayward, California. This acquisition is part of the ABB Motion

The focus on reducing greenhouse gas emissions across North America is driving the transition to electric vehicles (EV) and efforts to decarbonize light-duty vehicle fleets, accelerating the need for reliable and convenient residential and commercial EV charging infrastructure. To support sustainability goals and enhance the customer experience, ABB Electrification Canada – Installation Products,

From wildfires to renewable energy, Canada’s journey toward a future of sustainable clean energy will not be a straight line.

ABB today announced that it has signed an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. The acquisition enhances ABB’s offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation. Through the acquisition, ABB will widen its portfolio to meet