Tag: ABB

ABB To Acquire Power-One For $1 Billion

ABB To Acquire Power-One For $1 Billion

ABB Ltd (NYSE:ABB), the Swiss engineering conglomerate, agreed to buy US renewable energy company Power-One for $1.03 billion in cash, in a move to boost its position in solar energy. The offer price is 57 percent above Power-One’s closing price […]