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4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  ABB Ltd    ABB   CH0012221716

ABB LTD (ABB)
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ABB Completes Acquisition of Tropos Networks

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06/15/2012 | 04:03pm CEST

Electrical engineering company ABB Ltd (ABBN.VX) Friday said it had completed the acquisition of Tropos Networks Inc, a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks.

MAIN FACTS:

- The acquisition expands ABB's communications systems offering for customers in the power, transportation, mining and public infrastructure sectors, ABB said.

- It also reinforces ABB's increased focus on the North American market and complements its global presence in utility and industrial communications.

- ABB's comprehensive suite of communication solutions provides a strong foundation for mission-critical networks and is a key enabler for smarter grids.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
ABB LTD -1.24% 22.23 Delayed Quote.-13.82%
ABB LTD 0.05% 199.65 Delayed Quote.-8.49%
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Financials ($)
Sales 2018 38 111 M
EBIT 2018 4 438 M
Net income 2018 2 757 M
Debt 2018 3 811 M
Yield 2018 3,68%
P/E ratio 2018 17,51
P/E ratio 2019 15,23
EV / Sales 2018 1,39x
EV / Sales 2019 1,27x
Capitalization 49 050 M
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ABB Ltd Technical Analysis Chart | ABB | CH0012221716 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 26,9 $
Spread / Average Target 20%
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Managers
NameTitle
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Timo J. Ihamuotila Chief Financial Officer
Jacob Wallenberg Vice Chairman
Matti Juhani Alahuhta Independent Non-Executive Director
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