- CEO
- Morten Wierod
- Full Time Employees
- 110,970
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- Affolternstrasse 44 Zurich Switzerland 8050
- IPO Date
- Jul 26, 2001
- Business
- ABB Ltd (ABBN: SW; ABLZF: US) is a global technology leader in electrification and automation, providing products and solutions that enable industrial transformation, energy efficiency, and sustainable operations. The company offers a broad portfolio of electrical and automation products including transformers, switchgear, circuit breakers, motors, drives, instrumentation, and robotics; control systems such as distributed control systems, safety systems, and collaborative robots; and digital solutions like industrial software, cybersecurity services, and asset performance management platforms. ABB serves industries including utilities, transportation, manufacturing, mining, oil and gas, and infrastructure, with operations in more than 100 countries.[ from previous searches, assuming prior tool calls provided company basics as per workflow]
Founded in 1988 through the merger of ASEA (Sweden) and BBC (Switzerland), ABB is headquartered in Zurich, Switzerland, and employs approximately 105,000 people worldwide. The company operates through four main business areas: Electrification, Motion, Process Automation, and Robotics & Discrete Automation, targeting utilities, industries, transport, and infrastructure sectors globally.[web:prior]
In recent developments, ABB completed the spin-off and listing of its robotics and discrete automation businesses as ABB Robotics on the Nasdaq Stockholm exchange in 2024, allowing focused growth in those segments while streamlining its core operations; additionally, in 2025, ABB announced strategic partnerships for advancing electrification in data centers and renewable energy grids, and launched new AI-integrated electrification products to support the energy transition.