Zurich, Switzerland, August 24, 2015 - ABB, the leading power and automation technology group, has acquired the remaining shares of CGM AB to become its sole shareholder. Sweden-based CGM provides modern control room design and ergonomic solutions for maximum control room operator effectiveness.
The acquisition complements ABB's portfolio with the latest technology for enhancing the control room environment, from optimized design to ergonomic solutions with advanced functionality and improved safety standards. Optimum control room design increases the efficiency of operations that run continuously.
A plant control room and its operators will be increasingly important to boost productivity and increasing safety in the next phase of industrial automation, which will be facilitated by smart plants, intelligent machines and networked processes. Advanced control room design helps ensure that technology and an operator's efficiency are simultaneously in focus.
"By combining ABB's control system with CGM's control room design and equipment, operators will have the best possible working environment from which to maximize efficiency and productivity," said Ilpo Ruohonen, Managing Director of ABB's Control Technologies business unit. "This offering strengthens our control system portfolio and contributes to the evolving internet of things, services and people."
CGM employs 54 people and is based in Borås and Ryssby, Sweden. CGM will be part of ABB's Control Technologies business unit.
"We look forward to being an even more integral part of ABB and to contributing our know-how and premium solutions for efficient operator environments," said Pierre Schäring, CEO of CGM. "By combining control room design with human factor knowledge and the latest control system technologies, we are proud to contribute in providing one of the safest, most intelligent collaboration platforms on the market."
ABB (www.abb.com) is a leader in power and automation technologies that enable utility, industry, and transport and infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 140,000 people.
For help with any technical terms in this release, please go to: www.abb.com/glossary