Press release 2025-11-17 ABB unveils Ability™ BuildingPro to accelerate decarbonization and digital transformation in smart and sustainable buildings ABB today announced the launch of ABB Ability™ BuildingPro, a cybersecure integration platform designed to connect, manage, and optimize building operations. Available across more than 40 countries worldwide, the solution supports key sectors including commercial real estate, education, healthcare, hospitality, and government – helping organizations accelerate decarbonization and digital
Press release 2025-11-05 ABB Azipod® propulsion to power new Canadian icebreaker, ‘Polar Max’ ABB has secured a contract with Helsinki Shipyard to supply a complete electric power and propulsion solution for the Polar Max icebreaker, which is expected to be delivered to the Canadian Coast Guard by 2030. Uniquely, Polar Max will be constructed through an innovative industrial collaboration between Canadian-controlled facilities in Helsinki, Finland and Lévis, Canada.The 22,800-tonne,
Article 2025-10-31 ABB recognized with Energy Manager Awards ABB Canada was honored in the Best Electrical Solution Award category for the ReliaHome™ Smart Panel at the Energy Manager Awards. The smart panel was also voted Most Innovative Solution from all solutions-focused categories. The EM Awards program celebrate excellence in energy efficiency, proactive energy management and decarbonization. ABB ReliaHome™ Smart Panel is a transformative residential
Press release 2025-10-23 ABB secures Canadian Space Agency contract to develop climate instrument ABB has been awarded a contract by the Canadian Space Agency to carry out the conceptual development (Phase A) of the Thin Ice Clouds and Far InfraRed Emissions (TICFIRE) instrument. TICFIRE is an integral component of the High-altitude Aerosols, Water Vapour and Clouds (HAWC) satellite mission – a Canadian-led initiative focused on advancing climate science and environmental monitoring. In
Group press release 2025-10-16 Q3 2025 results High order and revenue growth, improved margin and strong free cash flow
Group press release 2025-10-16 ABB names Christian Nilsson to succeed Timo Ihamuotila as CFO 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
Group press release 2025-10-13 ABB to develop next-generation AI data centers with NVIDIA 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
Group press release 2025-10-08 Sami Atiya to leave ABB 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
Group press release 2025-10-08 ABB to divest Robotics division to SoftBank Group 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
Article 2025-09-11 ABB simplifies EV readiness for Canadian homes with launch of Microlectric® Electric Vehicle Energy Management System (EVEMS) 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
Case study 2025-03-06 ABB helps expand sustainable transportation possibilities in Montreal Net zero goals are being set around the globe, with many countries targeting partial to complete emission reductions in the near future. Nearly every industry is engaging in these efforts and driving initiatives to move their goals forward. Rail in Canada is making progress on the path to decarbonization – with governments, industry, and stakeholders rethinking the future of this vital sector. For
Group press release 2025-02-07 ABB launches new share buyback program of up to $1.5 billion 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
Group press release 2025-01-30 Q4 2024 results Ending record-high 2024 with strong order growth and positive 2025 outlook
Group press release 2025-01-30 Changes to composition of ABB Board of Directors • Claudia Nemat to be proposed as new board member • Lars Förberg to step down from board
Press release 2025-01-14 ABB expands residential energy management portfolio in North America with Lumin acquisition 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
Thought Leadership 2025-01-06 Will 2025 mark the “tipping point” for mine electrification in North America? New findings suggest strong near-term investment interest in mine electrification among North American companies
Press release 2025-01-06 ABB invests in generative AI energy manager startup Edgecom 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
Press release 2024-12-04 ABB completes the acquisition of Aurora Motors 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
Canadian press release 2024-11-12 ABB teams up with Black Box Innovations to expand Electric Vehicle Energy Management System accessibility across Canada 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,
Article 2024-08-28 Navigating Canada’s Energy Transition From wildfires to renewable energy, Canada’s journey toward a future of sustainable clean energy will not be a straight line.