Enterprise software business to strengthen and expand offering for natural resources, smarter grids and other asset-intensive industries
Zurich, Switzerland, July 29 2011 - ABB, the leading power and automation technology group, today announced that it has completed its acquisition of Mincom, the privately owned software company, specializing in solutions for mining and other asset-intensive industries.
The acquisition establishes ABB as the world's leading provider of Enterprise Asset Management (EAM) software and services, further enhancing the Group's position in the key growth sectors of natural resources and energy.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people.