March 30, 2017 5:28 AM ET

Electrical Equipment

Company Overview of ABB K.K.

Company Overview

ABB K.K. manufactures and provides power and automation technologies to utility and industry customers. It offers circuit breakers, switchgear, capacitors, instrument transformers, power distribution, and traction transformers. The company also offers robotics and process automation products. ABB K.K. was formerly known as ABB Gadelius K.K. and changed its name to ABB K.K. in 1995. The company was founded in 1907 and is headquartered in Tokyo, Japan. ABB K.K. operates as a subsidiary of ABB Ltd.

Cerulean Tower

26-1 Sakuragaoka-cho

Shibuya-ku

Tokyo,  150-8512

Japan

Founded in 1907

Phone:

81 3 5784 6000

Fax:

81 3 5784 6274

Key Executives for ABB K.K.

President and Representative Director
Vice President of Semiconductor and Silicon Industry Sector of North Asia
Vice President of Large Projects of Key Account
Compensation as of Fiscal Year 2016.

ABB K.K. Key Developments

Hitachi Ltd. and ABB Sign Joint Venture for HVDC in Japan

Hitachi Ltd. and ABB signed a formal contract to establish a joint venture company for high-voltage direct current (HVDC) transmission in Japan. Closure of the transaction is subject to customary regulatory approvals with the intention of establishing the joint venture in August. Hitachi will own 51% of the joint venture and ABB will own 49%. The new joint venture will be based in Tokyo and will provide ABB's latest technology to HVDC projects on which Hitachi is the prime contractor, taking full responsibility for all aspects of direct current (DC) systems from design to engineering and equipment supply as well as after-sales service. The intention is to contribute to wide-area electric power distribution networks in Japan by combining Hitachi's sales network, project management know-how, and quality assurance processes with HVDC technology and system integration capability from ABB. This strategic partnership between the two companies will contribute to the evolution of Japan's power network. Hitachi and ABB will explore further strengthening of the relationship and address opportunities to widen the scope for future collaboration. HVDC is a technology used mainly for transmitting electricity between two grid systems. The supply side power is converted from alternating current (AC) to direct current (DC) before being transmitted, and it is then converted back to AC in the receiving side system for use. The system is ideal for long-distance transmissions due to its ability to minimize electricity losses and to its lower space requirements and construction costs. It is also well suited for interconnections between two grids different frequencies.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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