ABB to acquire B&R
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
ABB has announced the acquisition of B&R, the largest independent provider focused on product and software-based, open-architecture solutions for machine and factory automation worldwide. B&R, founded in 1979 by Erwin Bernecker and Josef Rainer is headquartered in Eggelsberg, Austria, employs more than 3000 people, including about 1000 R&D and application engineers. It operates across 70 countries, generating sales of more than US$600 million (2015/16) in the US$20 billion machine and factory automation market segment. The combination will result in an unmatched, comprehensive offering for customers of industrial automation, by pairing B&R's innovative products, software and solutions for modern machine and factory automation with ABB’s world-leading offering in robotics, process automation, digitalisation and electrification.
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Read the article online at: https://www.hydrocarbonengineering.com/product-news/05042017/abb-to-acquire-br/
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