ABB to acquire B&R
Zurich, Switzerland, April 4, 2017 - Shaping leadership in industrial automation· Acquisition of B&R (Bernecker + Rainer Industrie-Elektronik GmbH) will close ABB’s historic gap in machine and factory automation · Creating a uniquely comprehensive automation portfolio for customers globally · B&R is a proven innovation leader in Programmable Logic Controllers (PLC), Industrial PCs (IPC) and servo motion-based machine and factory automation · B&R delivered a revenue CAGR of 11% over last two decades and annual sales of >$600 million[1]