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ABB Completes Acquisition of Tropos - Acquisition to extend wireless communications capability for distribution automation and provide enhanced support for mission-critical applications - ABB.com
ABB Completes Acquisition of Tropos

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2012/06/15 - Acquisition to extend wireless communications capability for distribution automation and provide enhanced support for mission-critical applications - ABB.com. NYSE: ABB

   
 
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ABB, the leading power and automation technology group, today announced that it has completed its acquisition of Tropos Networks Inc., a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks.

The acquisition expands ABB’s communications systems offering for customers in the power, transportation, mining and public infrastructure sectors. It also reinforces ABB’s increased focus on the North American market and complements its global presence in utility and industrial communications. ABB’s comprehensive suite of communication solutions provides a strong foundation for mission-critical networks and is a key enabler for smarter grids. Solutions for fixed-wire, narrowband, broadband and wireless connections play an important role in ensuring the reliability of modern power systems.

ABB (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 145,000 people.

 
 
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Agency / Source: ABB Robotics / ABB Ltd

 
 

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ABB Completes Acquisition of Tropos

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