ABB Celebrates 25th Anniversary Since Merger

Press Release
Sunday, January 13, 2013

ABB celebrates its 25th anniversary since the merger of ASEA with BBC, January 1988.

Twenty-five years ago Sweden’s ASEA and Switzerland’s Brown Boveri merged to form ABB Asea Brown Boveri & Cie, integrating 850 subsidiary companies and 180,000 employees operating in 140 countries.

ABB kept ASEA’s and BBC’s respective positions at the forefront of technology and continued to innovate, launching products such as the Azipod electric propulsion systems in 1990 and the FlexPicker delta robot in 1998.

Much of the technology that our society now relies on was devised or commercialized by ABB and its founding companies, making ABB the largest supplier of industrial motors and drives, the largest provider of generators for the wind industry and the largest supplier of power grids worldwide.

ABB's most recent breakthrough, the development in 2012 of a hybrid high-voltage direct current (HVDC) breaker suitable for the creation of large, inter-regional DC grids, solves a technical question that has mystified engineers since the ‘war of currents’ between alternate current (AC) and direct current (DC) in the 1890s, took them back full circle to the time of the founding companies.

Following the merger, the new group, now headquartered in Zurich, Switzerland, had become the world’s leading supplier in the electric power industry and controlled a third of Europe’s business and over 20 percent of the world market.

ABB kept ASEA’s and BBC’s respective positions at the forefront of technology and continued to innovate, launching products such as the Azipod electric propulsion systems in 1990 and the FlexPicker delta robot in 1998.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Coast Guard Foundation to Honor Longtime Supporter

National Tribute Set for Thursday, October 9, 2014 The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families,

Last Call to Register for SHIPPINGInsight

Maritime industry conference and exhibition opens next week in Stamford, Conn. There’s still time to register online for SHIPPINGInsight 2014, the North American

Aage Hempel to Service and Distribution Simrad Products Aage Hempel Netherlands b.v. signed an agreement with Navico Europe b.v. for service and distribution

Marine Propulsion

Last Call to Register for SHIPPINGInsight

Maritime industry conference and exhibition opens next week in Stamford, Conn. There’s still time to register online for SHIPPINGInsight 2014, the North American

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

ClassNK Update Design Support Tool for EEDI Verification

Minimum propulsion power evaluation software extended to calculate added resistance in irregular waves Classification society ClassNK has released the latest

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1273 sec (8 req/sec)