Abstract: Variable frequency drives (VFDs), also known as variable speed drives, provide significant advantages for the operation of induction motors. These advantages include reduced starting ...
VFD Group Plc has signed an agreement with Lead Issuing House, Norrenberger Limited, to commence its N50.67 billion rights issue aimed at strengthening its capital base, reducing debt and expanding ...
SoftBank Group of Japan has announced that it has reached an agreement to acquire the robotics unit of Swiss engineering company ABB for $5.4 billion (approximately €4.62 billion), a key milestone in ...
The ABB Robotics division has a workforce of around 7,000 and its revenues in 2024 were $2.3bn – or about 7% of ABB’s total Group revenues. Last year, it had an operational EBITA margin of 12.1%. The ...
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