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81.62000 CHF
0.34
0.42%
Last update Jun 12, 5:19 PM CEST
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82.82000
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ABB Ltd
81.62
0.34
0.42%

Overview

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Description

ABB Ltd is a Swedish-Swiss multinational corporation specializing in electrical engineering, electrification, and automation technologies. Incorporated in Switzerland and headquartered in Zurich, it originated from the 1988 merger of Sweden's ASEA and Switzerland's Brown, Boveri & Cie, both founded in the late 19th century, creating a global leader with over 140 years of history and approximately 110,000 employees worldwide. Its primary purpose is to enable a more sustainable and resource-efficient future through innovative solutions in electrification and automation, investing around 4-5% of annual revenues—reaching $32.9 billion in 2024—into R&D. Key business areas include Electrification, offering products from substations to sockets like EV chargers, modular substations, and distribution automation; Motion, providing motors, generators, drives, and digital powertrains as the global market leader; Robotics & Discrete Automation, with over 300,000 robots installed and a top position in China; and Process Automation for industries with integrated control systems and analytics. ABB Ltd significantly impacts sectors such as power generation and transmission, industrial automation, robotics, renewables, e-mobility, data centers, and smart buildings, driving efficiency, productivity, and reduced emissions through pioneering technologies like high-voltage shore-to-ship power and extended automation systems.

About

CEO
Mr. Ahmed Khaled El-Hoshy
Employees
112700
Address
Affolternstrasse 44
11 Bermudiana Road
Zurich, 8050, MI
Switzerland
Phone
41 43 317 71 11
Instrument type
Common stock
Sector
Industrials
Industry
Electrical Equipment & Parts
Country
Switzerland
MIC code
XSWX
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Latest press releases

May 25, 2026
ABB Australia expands drive capability with new R9e frame delivering higher power in the same compact footprint

MELBOURNE, Australia, May 25, 2026 /PRNewswire/ -- ABB has expanded its low-voltage AC general-purpose drive portfolio with the introduction of the new R9e frame, extending wall-mounted drive power capability up to 355 kW in a compact, cabinet-optimised design.

Designed to support demanding commercial and industrial refrigeration applications, the ACS580 in R9e frame in particular responds to growing demand for higher power in environments where electrical and plant room space is increasingly constrained.

In food and beverage facilities, refrigeration and cooling systems operate continuously, yet increasing system capacity has traditionally required larger cabinets, deeper enclosures, or costly redesigns of existing plant rooms. The new R9e frame addresses this challenge by enabling customers to increase power capability while maintaining familiar installation concepts and efficient use of available space.

Delivering high-power performance in a wall-mounted format, the ACS580 in R9e frame allows engineers, OEMs and operators to scale refrigeration capacity without significantly changing cabinet layouts or equipment design philosophies. This helps simplify integration into packaged equipment, skids and control cabinets, while supporting standardisation across installations.

For Australian food and beverage operations, the ACS580 in R9e frame is well suited to refrigeration systems, chillers, compressors, centralised utilities, cold storage, food processing and beverage production applications. Engineered for continuous operation, it is designed to support critical 24/7 cooling processes where reliability, uptime and operational efficiency are essential.

By extending its drive power range in a compact wall-mounted platform, ABB continues to support customers looking to increase performance while maintaining practical installation flexibility in space-constrained environments.

More power. Same footprint.

The new R9e frame is engineered for applications that never stop.

Learn more [https://youtu.be/I0z-1pzVXv0]

About ABB

ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by about 110,000 talented employees in over 100 countries.

ABB Drives is a global technology leader serving industries, infrastructure and machine builders with world-class variable speed drives, drive systems and packages. We help our customers, partners and equipment manufacturers to improve energy efficiency, asset reliability, productivity, safety and performance.

Media Contact:

Natalie Landrito

Marketing and Communications Manager

contact.centre@au.abb.com

Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/abb-australia-expands-drive-capability-with-new-r9e-frame-delivering-higher-power-in-the-same-compact-footprint-302781066.html

SOURCE ABB

Jan 26, 2026
Formula E and Google Cloud Announce Multi-Year 'Principal Partnership'

Google Cloud becomes 'Principal Partner' and 'Principal Artificial Intelligence Partner' of the ABB FIA Formula E World Championship

LONDON, Jan. 26, 2026 /PRNewswire/ -- Formula E and Google Cloud today announced a multi-year partnership with Google Cloud, which has been named "Principal Artificial Intelligence Partner" of the ABB FIA Formula E World Championship. At the heart of the partnership is a mission to demonstrate the potential of artificial intelligence (AI) to drive positive impact across Formula E's business operations—everything from running races, to development, and the fan experience.

This multi-year agreement builds on the Official partnership first formalised in January 2025. Google Cloud's significant elevation to "Principal Partner" involves Formula E adopting even more Google Cloud technologies for its business, such as integrating Gemini models across its ecosystem to accelerate performance, deliver faster and more efficient operations, and showcase innovation on a global stage.

Partnership built on a strong technology foundation

This chapter follows a foundation of collaboration, including Formula E setting the indoor land speed record and pioneering the "Mountain Recharge" project. For the latter, Formula E used Google's AI Studio and Gemini models to map the optimal route for the GENBETA car's mountain descent and helped identify and analyze optimal braking zones so the car could generate enough energy through regenerative braking to complete a full lap of the Monaco circuit.

The latest collaboration will also help change the fan experience worldwide. Formula E has already integrated a new Strategy Agent into live broadcasts, delivering tailored insights, predictions, and explanations as races unfold. Millions of viewers have already benefited from access to a deeper understanding of race dynamics, driver performance, and strategy.

Driving business transformation and sustainability

Beyond the racetrack, the partnership will enhance the Championship's operations: Formula E will use Google Workspace with Gemini to enable greater agility and efficiency across its organisation. Meanwhile, advanced AI modeling of Formula E's back office, and the creation of race and event digital twins, has the potential to deliver further reductions in its carbon footprint allowing Formula E to simulate and optimize site builds virtually. This minimizes the need for on-site reconnaissance and heavy equipment transport, delivering a measurable reduction in the Championship's operational carbon footprint while maintaining peak performance.

Jeff Dodds, CEO of Formula E, said: "Our expanded partnership with Google Cloud is a true game-changer for Formula E and for motorsport as a whole. We are already pushing the boundaries of technology in sport, and this Principal Partnership confirms our vision. The integration of Google Cloud's AI capabilities will unlock a new dimension of real-time performance optimization and strategic decision-making, both for the Championship and for our global broadcast audience. This collaboration will redefine how fans experience our races and set a new benchmark for technology integration in sport worldwide."

President of Google Cloud EMEA, Tara Brady, added: "Formula E is a hub of innovation, where milliseconds can define success. This expanded partnership is a testament to the power of Google Cloud's AI and data analytics, showing how our technology can deliver a competitive advantage in the most demanding scenarios."

About Formula E and the ABB FIA Formula E World Championship

As the world's first all-electric FIA World Championship and the only sport-certified net zero carbon since inception, the ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world's most iconic cities providing an elite motorsport platform for the world's leading automotive manufacturers to accelerate electric vehicle innovation.

The Formula E network of teams, manufacturers, partners, broadcasters, and host cities is united by a passion for the sport and belief in its potential to accelerate sustainable human progress and create a better future for people and the planet.

www.FIAFormulaE.com

For Formula E media enquiries, please contact - media@fiaformulae.com 

About ABB

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and more than 110,000 employees worldwide. ABB's shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

About Google Cloud

Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/formula-e-and-google-cloud-announce-multi-year-principal-partnership-302669944.html

SOURCE Google Cloud

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