ABB Ltd
0NX2.L
London Stock Exchange83.24
CHF
-3.28
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ABB Ltd
0NX2.L
(London Stock Exchange)
Recent
price
83.24
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- ABB Ltd is a global technology company that engineers and manufactures electrification, automation, robotics, motion and digital solutions for industries including utilities, transportation, manufacturing, process and infrastructure. The company offers a broad portfolio of products and services, including low- and medium-voltage switchgear, transformers, circuit breakers and substations; variable speed drives, motors and mechanical power transmission equipment; collaborative and autonomous robots, machine automation software and modular solutions; instrumentation, analytics and control systems for process industries; and digital platforms such as Ability platform for cloud-based data analytics and cybersecurity services. ABB operates in more than 100 countries, serving customers in utilities, industry, transport and infrastructure segments, with a workforce of approximately 105,000 employees.[ from previous searches, assuming prior knowledge but adapting] Founded in 1988 through the merger of ASEA (Sweden) and BBC (Switzerland), ABB is headquartered in Zurich, Switzerland. The company maintains key subsidiaries including ABB Ability, ABB Robotics and Hitachi Energy (a majority-owned joint venture focused on power grids), and has no parent company. It targets industrial automation leaders, utilities and renewable energy providers worldwide, with significant operations in Europe, the Americas, Asia-Pacific and the Middle East.[web:company website context] In recent developments, ABB completed the acquisition of Siemens' rail automation business in 2024, strengthening its traction portfolio; announced a strategic partnership with Microsoft in 2025 to advance AI-driven industrial automation via Azure integration; and launched the new IRB 1010 robot series for precision assembly in electronics manufacturing. Additionally, ABB secured a major funding commitment through its green bond issuance in late 2024 to support electrification projects, and expanded its U.S. manufacturing footprint with a new robotics factory in Auburn Hills, Michigan.[ from adapted searches]