ABB completes purchase of Power-One

ABB completes acquisition of Power-One solar inverters

ABB (NYSE: ABB) completed its $1 billion acquisition of solar inverter producer Power-One.

The deal was first announced on April 22 and will help position ABB to manufacture and supply solar inverters in the U.S., Canada and Central and South America. Power-One will gain access to ABB’s worldwide footprint for manufacturing and research and development capabilities.

Read more mergers and acquisitions news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...