ABB logo — Helping industries outrun with our leading technologies in e...

ABB

Helping industries outrun with our leading technologies in electrification and automation. go.abb/outrun

Founded 1988 Switzerland Zurich, Switzerland 108419 employees Post Ipo Debt Total: $502.70M Automation, Energy +2

General Information

Company Name ABB
Founded Year 1988
Location Switzerland Zurich, Switzerland +1
Founders / Decision Makers
Team member
Employees 108419
Industries Automation, Energy, Robotics +1
Funding Stage Post Ipo Debt
Social

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About ABB

ABB, founded in 1988 and headquartered in Switzerland, is a global leader in electrification and automation, focusing on enhancing industrial efficiency and sustainability. Their slogan, “Helping industries outrun with our leading technologies in electrification and automation. go.abb/outrun,” encapsulates their mission to drive performance through engineering and digitalization. With over 140 years of history and a workforce of more than 105,000, ABB operates at the forefront of multiple industries, including Automation, Energy, Robotics, and Automotive.

Recently, ABB secured a €500.00M Post-IPO Debt investment, backed by the European Investment Bank on 21 November 2023. The company's shares are listed on the SIX Swiss Exchange under the ticker ABBN and on Nasdaq Stockholm as ABB. This substantial investment underscores the confidence stakeholders have in ABB's continuing innovation and its strategic vision for resource-efficient future growth.

Taxonomy: Electrification, Power Transmission, Power Distribution, Process Optimization, Robotics, Smart Buildings, E-mobility, Data Centers, Industrial Automation, Electric Vehicles, Measurement & Analytics, Factory of the Future

Services & Products

Electrification Solutions
Automation and Control Technologies
Renewable Energy Integration
Industrial Robotics
Sustainability Solutions

Target Customers

Manufacturing Industries Data Center Operators Marine Vessel Owners Building and Construction Industry Energy Utilities

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• 1 •••• •••• 21 Nov 2023
Grant •••••• - 23 Sep 2013

ABB Alternatives & Competitors

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FAQ About ABB

Helping industries outrun with our leading technologies in electrification and automation. go.abb/outrun
ABB was founded in 1988.
ABB is headquartered in Zurich, Switzerland.
ABB operates in the following industries: Automation, Energy, Robotics, Automotive.
ABB has approximately 108419 employees.
ABB has completed 2 funding rounds, raising a total of $502.70M. The latest funding stage is Post Ipo Debt.
ABB offers: Electrification Solutions, Automation and Control Technologies, Renewable Energy Integration, Industrial Robotics, Sustainability Solutions.
Top alternatives and competitors to ABB include ABB, B&R Industrial Automation, Cavotec, Delta Electronics EMEA, Entergaia Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ABB and ABB are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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