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General

Keymile sells mission-critical business to ABB

Monday 3 July 2017 | 13:41 CET | News
ABB announced a deal to take over Keymile's mission-critical communication business for an undisclosed amount. The products, software and services, as well as R&D facilities, will join the ABB Ability portfolio of communication services for electrical grids. The sale leaves Keymile focused on broadband network products. The transaction is expected to close during the third quarter.

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Categories: General
Companies: ABB / Keymile
Countries: Germany
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