ABB Ltd ABBNY

ABBNY Company Overview

ABB Ltd is a multinational engineering and technology company operating primarily in the electrification, industrial automation, motion, and robotics industries. The company provides technologies that enable utilities, industries, transport operators, and infrastructure developers to improve energy efficiency, productivity, and sustainability. Its core offerings include electrical equipment, automation systems, industrial software, motors and drives, and robotic solutions, which together form the primary revenue drivers.

The company traces its origins to the merger of Sweden’s ASEA (founded in 1883) and Switzerland’s Brown, Boveri & Cie (founded in 1891), forming ABB in 1988. Over time, ABB evolved through a series of acquisitions, divestitures, and strategic refocusing efforts, culminating in a portfolio centered on electrification and automation technologies. The company is widely positioned as a key enabler of the global energy transition and industrial digitalization.