Company Overview
About ABB
ABB Ltd is a Zurich, Switzerland-headquartered industrial technology company — publicly traded on the New York Stock Exchange (NYSE: ABB) and SIX Swiss Exchange — providing electrification, motion control, process automation, and (pending divestiture) robotics solutions to utilities, industrial manufacturers, transportation, and infrastructure operators globally with approximately 110,000 employees. Formed in 1988 through the merger of Sweden's ASEA (founded 1883, launched the IRB 6 industrial robot in 1974) and Switzerland's Brown Boveri (founded 1891), ABB is undergoing a major strategic transformation: in 2025, ABB announced the divestiture of its ABB Robotics & Discrete Automation division (2024 revenue $2.3 billion, ~7,000 employees) to SoftBank Group Corp. for $5.375 billion, with the transaction expected to close mid-to-late 2026 — separating the robotics business to focus ABB on core electrification and motion segments.
Business Model & Competitive Advantage
ABB's industrial technology portfolio addresses the electrification infrastructure and industrial motion control needs of global energy transition and manufacturing: electric utilities deploy ABB high-voltage direct current (HVDC) transmission systems to move renewable power from generation sites to urban demand centers; data centers install ABB power distribution and UPS systems for the AI infrastructure build-out; industrial manufacturers deploy ABB frequency drives and motors (Motion segment, $7B+ revenue) that reduce industrial motor energy consumption by 20-50% through variable speed control; and process industries use ABB process automation systems (DCS, advanced process control) for chemical, oil and gas, and mining operations. ABB's robotics division (YuMi cobot, FlexPicker delta robot, IRB 6-axis articulated robots) serves automotive, electronics, and food manufacturing automation.
Competitive Landscape 2025–2026
In 2025, ABB competes in the industrial automation, electrification, and robotics market with Siemens (XETRA: SIE, industrial automation, $72B revenue), Schneider Electric (EPA: SU, energy management and automation, $38B revenue), and Emerson Electric (NYSE: EMR, automation technology, $19B revenue) for global utility, manufacturing, and infrastructure electrification and automation platform adoption. The $5.375 billion SoftBank robotics divestiture (announced 2025) realigns ABB toward its highest-margin electrification and motion control segments while giving ABB Robotics access to SoftBank's AI and autonomous systems investment portfolio. The 2025 strategy focuses on growing the data center and EV charging infrastructure electrification segment (where the AI and electrification capex supercycle is driving ABB's fastest-growing revenue), building the industrial software integration (ABB Ability digital platform connecting equipment to analytics), and managing the robotics divestiture close for mid-to-late 2026.
The ABB Story
Founders
Company Timeline
Major milestones in ABB's journey
Leadership Team
Meet the leaders behind ABB
Bjorn Rosengren
Bjorn Rosengren has served as CEO of ABB since March 2020. He previously held CEO positions at Sandvik and Wärtsilä, bringing extensive experience in industrial management and transformation.
Timo Ihamuotila
Timo Ihamuotila serves as CFO of ABB, overseeing the company's financial strategy and operations. He previously served as CFO and President of Nokia Technologies.
Open Positions
Reddit Discussions
Key Differentiators
Emerging Innovator
ABB is an emerging player bringing innovative solutions to the Robotics market.
Enterprise Scale
With $2300M in revenue, ABB operates at enterprise scale with proven market validation.
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