ABB, Zurich, Switzerland, has agreed to acquire Tropos Networks Inc., a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks. The acquisition will expand ABB's communications systems offering for customers in the power, transportation, mining and public infrastructure sectors.
Based in Sunnyvale, Calif., Tropos employs 55 people. The company's wireless IP (Internet Protocol) broadband solutions focus on reliability, security and scalability, key characteristics for essential services in smart grid and other outdoor industrial applications. The Tropos portfolio extends ABB's existing offering of communications solutions for the power distribution sector. It also reinforces ABB's increased focus on the North American market and complements its global presence in utility and industrial communications.
ABB said in a press release that as power grids and other critical infrastructure become increasingly reliant on automation, demand for cost-effective, reliable and secure communication solutions is growing. Communications play a critical role in realizing the efficiency improvements that can be achieved by automation and improved resource allocation. Details