AcBel Polytech

Activity by year

2023202420252026

Acquisition

Jul 3, 2023ACQUISITIONPlano, Texas, United States$505.0M
AcBel Polytech acquires ABB's Power Conversion division for $505M
AcLeap Power Inc., a subsidiary of AcBel Polytech, completed the acquisition of ABB's Power Conversion division for $505 million in cash on July 3, 2023.
ABB partner ABB target AcBel Polytech acquirer #Electrical Equipment #Semiconductors and Industrial Electronics marketscreener.com acbel.com
Jan 19, 2023ACQUISITIONPlano, Texas, United States$505.0M1,500 jobs
AcBel Polytech to acquire ABB's Power Conversion division for $505M
AcBel Polytech Inc. (via AcLeap Power Inc.) entered into an agreement to acquire the Power Conversion division of ABB Ltd for $505 million in cash. The transaction is expected to close in the second half of 2023, subject to regulatory approvals.
ABB ABB target AcBel Polytech acquirer #Electrical Equipment marketscreener.com acbel.com.tw business-news-today.com

Acquired

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