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Deal closed Jul 2013 Verified

ABB completes acquisition of Power-One

ABB has completed its purchase of Power-One Inc., a provider of renewable energy and energy-efficient power conversion and power management solutions. The transaction positions ABB as a leading global supplier of solar inverters.

“ABB has purchased Power-One Inc., a provider of renewable energy and of energy-efficient power conversion and power management solutions.”

Entities

Other Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.