ABB Acquires Mincom to Expand Enterprise Software Business

The press release states, “ABB, the global power and automation technology group, has agreed to acquire Mincom to broaden its software portfolio and establish the Group as a market leader in enterprise asset management (EAM) software and services. ABB is acquiring the Brisbane, Australia-based company from Francisco Partners, a private equity group that invests in [...]

ABB acquires Ventyx to strengthen its network management business

According to the press release, “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 asset-intensive businesses, offering [...]