ABB to acquire Tropos Networks

Zurich, Switzerland – - Zurich, Switzerland – ABB, a power and automation technology group, has agreed to acquire Tropos Networks Inc., a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks. The acquisition will expand ABB's communications systems offering for customers in the power, transportation, mining and public infrastructure sectors.

Based in Sunnyvale, California, Tropos employs 55 people. The company's wireless IP Internet Protocol broadband solutions focus on reliability, security and scalability, key characteristics for essential services in Smart Grid and other outdoor industrial applications.

The Tropos portfolio extends ABBÂ’s existing offering of communications solutions for the power distribution sector. It also reinforces ABB's increased focus on the North American market and complements its global presence in utility and industrial communications.

As power grids and other critical infrastructure become increasingly reliant on automation, demand for cost-effective, reliable and secure communication solutions is growing. Communications play a critical role in realizing the efficiency improvements that can be achieved by automation and improved resource allocation.

"With a strong presence in North America, this acquisition will provide ABB with additional access to US markets, where we still have considerable room to grow." said Jens Birgersson, head of ABB's Network Management business, a part of the companyÂ’s Power Systems division.

ABB's suite of communication solutions provides a foundation for mission-critical networks and is a key enabler for smarter grids. Solutions for fixed-wire, narrowband, broadband and wireless connections play an important role in ensuring the reliability of modern power systems.

The transaction is expected to close in the third quarter of 2012.

Related News

uk-ev-drivers-demand-fairer-vehicle-taxes

UK EV Drivers Demand Fairer Vehicle Taxes

ENGLAND - As the UK continues its push towards a greener future with increased adoption of electric vehicles (EVs), a growing number of electric car drivers are voicing their frustration over the current tax system. The debate centers around the per-mile vehicle taxes that are being proposed and implemented, which many argue are unfairly burdensome on EV owners. This issue has sparked a broader campaign advocating for a more equitable approach to vehicle taxation, one that reflects the evolving landscape of transportation and environmental policy.

Rising Costs for Electric Car Owners

Electric vehicles have been hailed as a crucial component…

READ MORE
wires logo

Senate Committee Advised by WIRES Counsel That Electric Transmission Still Faces Barriers to Development

READ MORE

why-atomic-energy-is-heating-up-again

Why Atomic Energy Is Heating Up Again

READ MORE

nb electricity meter

Old meters giving away free electricity to thousands of N.B. households

READ MORE

power pylons

Energy minister unveils Ontario's plan to address growing energy needs

READ MORE