Announced
Completed
Financials
Sources
Tags
Household Equipment and Products
Germany
Cross Border
Single Bidder
Private
Acquisition
smart home solutions
Completed
Majority
Friendly
Synopsis
ABB, a pioneer in robotics, machine automation and digital services, completed the acquisition of Eve Systems, a smart home products provider. Financial terms were not disclosed. “Building on our heritage, pace of innovation and brand, we will now be combining our passion, agility and experience with ABB’s international caliber, reputation, and expertise to keep growing Eve as a global leader. The journey to making buildings even smarter has only just started, and I am as excited as anyone to see its potential fully realize," Jerome Gackel, Eve CEO.
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