Will B&R acquisition give ABB a boost in industrial automation?
Early this month ABB, a supplier of robotics, process automation, and electrification components, acquired B&R Automation, an industrial software and automation hardware company. This is the latest acquisition that ABB has made in recent years. In 2012, ABB acquired Thomas & Betts for $3.9 billion, followed by Power-One Inc in 2013 for $1 billion. Alex West, Principal Analyst, IHS Markit discusses what the B&R Automation acquisition means for ABB.