Deals: ABB Buys Power-One; Toshiba Joins Affiliated Distributors

Deals: ABB Buys Power-One; Toshiba Joins Affiliated Distributors

ABB will acquire Power-One at about $1 billion in equity value, which includes Power-One’s net cash of $266 million. ABB says the deal complements its growing solar inverter business. Power-One has a comprehensive line of solar inverters, ranging from residential to utility applications, and a … Read more…

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