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

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ABB Completes Acquisition of Tropos Networks

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06/15/2012 | 04:03pm CET

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; zurichdjnews@dowjones.com

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Financials ($)
Sales 2016 33 993 M
EBIT 2016 3 639 M
Net income 2016 2 049 M
Debt 2016 2 161 M
Yield 2016 3,33%
P/E ratio 2016 23,19
P/E ratio 2017 20,21
EV / Sales 2016 1,54x
EV / Sales 2017 1,55x
Capitalization 50 170 M
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Mean consensus HOLD
Number of Analysts 28
Average target price 22,2 $
Spread / Average Target -2,4%
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NameTitle
Ulrich Spiesshofer President & Chief Executive Officer
Peter R. Voser Chairman
Eric A. Elzvik Chief Financial Officer
Andy Tidd Head-Information Systems
Bazmi Rizwan Husain Chief Technology Officer
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