ABB completes Acquisition of KEYMILE’s Communication Networks Business

ABB completes Acquisition of KEYMILE’s Communication Networks Business
ABB (Switzerland) – Acquisition supports ABB AbilityTM offering for mission-critical power grid applications, extending market opportunities.

ABB announced it has completed the acquisition of the mission-critical communication business of the KEYMILE Group, a leading manufacturer of mission-critical and broadband telecommunication solutions, with installations across 100 countries.

“We are pleased to add KEYMILE’s mission-critical communication networks business to our portfolio, strengthening our offering to utilities and bringing new opportunities in the industry and infrastructure sectors” said Claudio Facchin, president of ABB´s Power Grids division. “This acquisition will support our digitalization push as part of our ABB Ability offering, as we strengthen our position as a partner of choice in enabling a stronger, smarter and greener grid.”

Having access to secure and reliable information is of key importance for utilities, but also essential for the industrial, transportation and infrastructure sectors. The acquisition will bring with it key products, software and service solutions, as well as research and development expertise that will further enhance ABB’s industry-leading digital offering, ABB Ability, by adding reliable communications technologies that are essential to maintain today’s dynamic and complex digital electrical grids. KEYMILE’s communication portfolio is geared to meet the demands of network operators for reliability, availability and cyber security, making KEYMILE a leader in the field of mission-critical communications.

The experienced team of professionals from KEYMILE’s mission-critical business will become an integral part of the Grid Automation business unit of ABB’s Power Grids division. The integration is led by a dedicated team located in Switzerland including team members from both sides. ABB will follow a proven integration process to ensure a seamless integration in line with the key objectives of the transaction.

For more information about this article from ABB click here.

Source link

Other articles from ABB.

Sponsored Links: - Your Gaming Marketplace with Video Games, Consoles, PC Gaming, Retro Gaming, Accessories, etc.!

Are you interested on the Weighing Industry? Visit Weighing Review the First and Leading Global Resource for the Weighing Industry where you can find news, case studies, suppliers, marketplace, etc!

Are you interested to Advertise and to include your Link here, visible on all articles and marketplace product pages? Contact us

© ABB / Automation Inside

Share this Article!

Interested? Submit your enquiry using the form below:

Only available for registered users. Sign In to your account or register here.

Enabling Industrial Robot Control with DFI’s Rugged Qseven Module

Actively protecting Mould Safety