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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Contact Mr Wolfram Eberhardt +41 43 317 65 68
Company logo of ABB Asea Brown Boveri Ltd
ABB Asea Brown Boveri Ltd

ABB acquires Ventyx to strengthen its network management business

Acquisition positions ABB as a key player in energy management software and smart grids

(PresseBox) (Zurich/Switzerland, )
ABB, the global power and automation technology group, has agreed to acquire Ventyx for more than $1 billion from Vista Equity Partners to become a leading provider of software solutions for managing energy networks.

Ventyx is a leading software provider to global energy, utility, communications, and other assetintensive businesses, offering a broad range of solutions including: asset management, mobile workforce management, energy trading and risk management, energy operations and energy analytics. The company also provides software solutions for planning and forecasting electricity needs, including renewables.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.