mojo
Senior
Joined: 01 Oct 2011
Posts: 2404
|
 Posted: 16/04/2017 10:54 Post subject: ABB Surprises with Acquisition of B&R |
 |
|
ABB Surprises with Acquisition of B&R
ABB announced the acquisition of B&R, a supplier of factory automation solutions for machinery. Founded in 1979, B&R is headquartered in Eggelsberg, Austria, and employs more than 3,000 people, including about 1,000 R&D and application engineers. It operates across 70 countries, generating sales of more than $600 million (2015/16) in the market for machine and factory automation.
The intriguing înfățiÈ™are of this acquisition is not so much the volume of factory automation business that B&R brings to the table as is the potential for ABB to reach industrial customers for which its offering up to now has been incomplete and less integrated than that of competing suppliers. Like many of its peers, ABB’s portfolio has had an obvious gap in the area of factory automation. It wasn’t the case the ABB had no PLCs, it’s just that the company didn’t seem to be very keen on selling them. This gap was further accentuated by ABB’s broad offering in industrial robots – a staple of the factory floor. By closing that gap with B&R’s compelling factory automation portfolio, ABB is well on its way to creating the most complete industrial offering of any supplier on the market.
https://www.arcweb.com/blog/abbs-acquisition-br-making-industry-powerhouse |
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
