ABB finalizes $2.6bn GE Industrial Solutions acquisitio...

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Title	ABB finalizes $2.6bn GE Industrial Solutions acquisition, deploys VPP in Italy
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Detail	The company reports that its IoT ABB Ability platform connects to existing GE Industrial Solutions’ installations. The company will supply its products to GE, with the GE brand name being retained. Access to the North-American market was named as one of the primary motivators for the acquisition. At the same time, the company inked a deal to support Be Power in the Italian market for dispatching services with its ABB Ability solution.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Non-Renewable Energy Solar Photovoltaic PV Energy Printing and Publishing Construction Computer Hardwares and Consumables Industry
Published Date	01.07.2018
Original Url	Original Url
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Title
ABB finalizes $2.6bn GE Industrial Solutions acquisition, deploys VPP in Italy
Detail
The company reports that its IoT ABB Ability platform connects to existing GE Industrial Solutions’ installations. The company will supply its products to GE, with the GE brand name being retained. Access to the North-American market was named as one of the primary motivators for the acquisition. At the same time, the company inked a deal to support Be Power in the Italian market for dispatching services with its ABB Ability solution.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Non-Renewable Energy Solar Photovoltaic PV Energy Printing and Publishing Construction Computer Hardwares and Consumables Industry
Published Date
01.07.2018
Original Url
Original Url
Share