Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise
GreenTechMedia
JULY 1, 2020
Hitachi ABB Power Grids is the new company formed Wednesday by the close of Hitachi’s acquisition of an 80.1 percent stake in the venerable power grids unit of the Swiss-Swedish engineering giant. ABB will now focus on industrial automation, electric transportation and digital solutions.
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