ABB is engaged in power and automation technologies. The Company provides a range of products, systems, solutions and services. Its power businesses focus on power transmission, distribution and power-plant automation and serve electric, gas and water utilities, as well as industrial and commercial customers. Its automation businesses serve a range of industries with measurement, control, protection and process optimization applications. It operates in approximately 100 countries across four regions: Europe, the Americas, Asia, and the Middle East and Africa (MEA). During the year ended December 31, 2011, business consisted of five divisions: Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products and Process Automation. On January 26, 2011, the Company acquired Baldor Electric Company (Baldor). In May 2011, it purchased a controlling interest in United States-based Validus DC Systems.

Type
Public
HQ
Zürich, CH
Founded
1988
Employees
134,900 (est)+120%
ABB was founded in 1988 and is headquartered in Zürich, CH

Key People at ABB

Jean-Christophe Deslarzes

Jean-Christophe Deslarzes

Head of Human Resources
Deniss Belajevs

Deniss Belajevs

Team Member
Grant Allen

Grant Allen

SVP, ABB Technology Ventures
Eric A. Elzvik

Eric A. Elzvik

Chief Financial Officer
Claudio Facchin

Claudio Facchin

Head of Power Systems division
Frank Duggan

Frank Duggan

Head of Global Markets

ABB Locations

Zürich, CH

ABB Metrics

ABB Summary

Market capitalization

$44.6 B

Closing share price

$21
ABB's latest market capitalization is $44.6 B.

ABB Market Value History

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