ABB Ltd (NYSE:ABBNY) is a global engineering and technology company that provides a comprehensive range of electrification, automation, motion and robotics solutions. Serving customers in utilities, industry, transport and infrastructure, ABB’s portfolio spans from low-voltage products and electrification systems to industrial automation software, robotics and motion control. The company’s integrated solutions aim to improve energy efficiency, productivity and sustainability across a variety of end markets.
In its Electrification division, ABB offers switchgear, relays, wiring accessories, and grid automation equipment designed to help utilities and commercial customers manage power distribution safely and reliably. The Industrial Automation segment delivers control systems, measurement and analytics products, marine and turbocharging solutions, and digital services built on the company’s ABB Ability platform. ABB’s Motion business focuses on electric motors, generators, drives and services that optimize performance and energy use, while its Robotics & Discrete Automation unit provides industrial robots, machine vision, robot control software and modular production cells for manufacturing applications.
Headquartered in Zurich, Switzerland, ABB was formed in 1988 through the merger of ASEA (founded 1883) of Sweden and Switzerland’s BBC Brown Boveri (founded 1891). Today the company operates in more than 100 countries, with major research and development centers across Europe, Asia-Pacific and the Americas. ABB has been at the forefront of industrial digitalization, investing in robotics and automation technologies that support the transition to smart manufacturing and the broader Industrial Internet of Things.
Under the leadership of Chief Executive Officer Björn Rosengren, who took the helm in 2020, ABB has focused on portfolio simplification and accelerating growth in high-value segments such as robotics and electrification for e-mobility. The company’s ongoing strategy emphasizes sustainability, digital innovation and strategic partnerships to address global challenges in energy and industry. ABB’s management team continues to align its operations toward long-term value creation and technological leadership in the markets it serves.
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