Skip navigation

ABB Seeks Stake in Energy Management Software with $1 Billion Deal for Ventyx

ABB Group, Zurich, Switzerland, said it has agreed to buy Ventyx, an Atlanta-based software provider specializing in systems to manage energy networks, for more than $1 billion. The move adds a leading provider of asset management, mobile workforce management, energy trading and risk management, energy operations and energy analytics for the energy, utility, communications and other businesses to ABB's already considerable presence in the utility sector.

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.