mojo Senior

Joined: 01 Oct 2011 Posts: 2404
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Posted: 23/05/2017 21:48 Post subject: ABB to Acquire Factory Automation Player B&R |
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ABB to Acquire Factory Automation Player B&R
ABB announced its plans to acquire B&R, a major player in machine and factory automation.
ABB CEO Ulrich Spiesshofer put it this way:
“Strategically, this is probably the most important deal ABB has ever done.”
As ‘the most important deal ABB has ever done,’ the acquisition strengthens ABB’s position as No. 2 in industrial automation, closing the gap with Siemens and answering ‘the PLC question.’
It’s a move that cements ABB’s strength as No. 2 in industrial automation and significantly closes the gap with Siemens. And it puts ABB more firmly ahead of key industry competitors such as GE, Emerson, Schneider Electric, Honeywell and Rockwell Automation.
“In the future, there are two major players in the world in this segment,” Spiesshofer said.
“Siemens is No. 1 in factory automation.
We are No. 1 in process automation and now a key player in factory automation as well.”
With its strengths in programmable logic controllers (PLCs), industrial PCs and servo motion products, B&R fills a significant gap for ABB.
The PLC in special was a gap that ABB has had in its portfolio for many years—what Spiesshofer referred to repeatedly as the “PLC question.” “This transaction marks a true milestone for ABB, as we are finally closing the historic gap in machine and factory automation that has existed since ABB was founded,” he said.
“This is our answer to the PLC question that has been open for decades.”
Founded in 1979 by Erwin Bernecker and Josef Rainer in the basement of a local bank, B&R is the largest independent provider focused on product- and software-based, open-architecture products for machine and factory automation worldwide.
It has shown an impressive 11 percent growth rate per year in a $20 billion market that typically expands at 4-5 percent a year.
Its revenue has quintupled since the year 2000, to more than $600 million in 2015/16.
https://www.automationworld.com/article/technologies/plcs-pacs/abb-acquire-factory-automation-player-br |
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