Securing uptime, ABB deals for UPS provider

Tuesday, June 8, 2010 @ 01:06 PM gHale


In an environment where unplanned downtime is unacceptable, ABB will pay $1.24 billion (or £860 million) to pick up UK-based uninterruptible power supply provider (UPS), Chloride.
“The combination of Chloride’s strong position in the fast-growing medium- to high-power UPS business with ABB’s global reach and complementary power and automation offering provides significant growth opportunities for both businesses,” said Joe Hogan, ABB’s chief executive.
Chloride’s UPS’ usually go in applications where power quality and security are vital. This includes ABB’s traditional utilities and industrial customer base such as the oil, gas, and petrochemicals industry.
Chloride, which employs 2,500 workers, will become a part of ABB’s Discrete Automation and Motion division. “Chloride‘s strength in UPS solutions and ABB’s existing offering will provide customers with a very attractive package to ensure power quality and critical power supply,” said Ulrich Spiesshofer, head of the Discrete Automation and Motion division.



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