ABB to acquire IPEC.

ABB, an electrical equipment manufacturer, agreed to acquire IPEC, a technology company specializing in early detection of electrical equipment failures. Financial terms are not disclosed. "This acquisition gives our customers the diagnostic intelligence they need to prevent failures before they happen. By turning complex monitoring data into clear, actionable insights, we’re enabling businesses to shift from reactive repairs to predictive maintenance, so they can focus on performance while their critical infrastructure runs leaner, cleaner, and smarter," Stuart Thompson, ABB Electrification Service Division President.