ABB completed the acquisition of the shipping business from DTN Europe and DTN Philippines.

ABB, an automation company, completed the acquisition of the shipping business from DTN Europe, IT services and IT consulting firm, and DTN Philippines, a marine software project. Financial terms were not disclosed. “We are delighted to welcome our new colleagues onboard ABB. The new software and services fit well into our portfolio and further strengthen our focus on supporting the marine industry’s digitalization. The acquisition complements our capabilities to serve our existing and future customers,” Juha Koskela, ABB Division President, Marine & Ports.