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NEWS IN ENGLISH | ABB completes the sale of Power-One’s Power Solutions business to Bel Fuse
ABB completes the sale of Power-One’s Power Solutions business to Bel Fuse
2014-06-30 11:03:00
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![]() ABB has divested Power Solutions because of a limited fit and few synergies with ABB's other businesses. The unit was part of ABB's acquisition of Power-One, Inc. Power-One's solar inverter business is core to ABB's renewable strategy and will remain in the portfolio of the group. Bel and its divisions are primarily engaged in the design, manufacture, and sale of products used in networking, telecommunications, high-speed data transmission, commercial aerospace, military, transportation, and consumer electronics. The Company operates facilities around the world. Source: ABB ![]() ![]()
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