business / news / / USA Herald
Netcontrol provides advanced grid automation solutions used by power utilities and operators of critical infrastructure.
ABB will acquire Netcontrol to enhance its grid automation and digitalization capabilities.
KEY POINTS
- Netcontrol's solutions will be integrated into ABB's offerings for utility customers facing grid modernization.
- The acquisition targets growth in Europe, Asia, and the Middle East for ABB's grid business.
- The combined expertise aims to help utilities improve reliability, efficiency, and renewable energy integration.
COMPANIES
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