The company, with head office address situated in Zurich, is a Swiss-based company which provides power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The company's activities are carried out through four divisions, namely; Power Technologies, Automation Technologies, Non-core activities and other. It was formed in 1988 following the merger of Asea and BBC.The Power Technologies division provides a range of products, systems and services for power transmission, distribution and power plant automation. The Automation Technologies division, on the other hand, provides products, systems, software and services for the automation and optimization of industrial and commercial processes, whereas the Non-core activities division's products include transformers, reactors, traction, phase-shifting, converter and extra high-voltage transformers, circuit breakers, switchgear and compact secondary substations. The company has the world's largest installed base of industrial robots and is also providing robot software, peripheral equipment and modular manufacturing cells for tasks such as assembly, painting and finishing, and machine tending. Its key markets include automotive, foundry, packaging, material handling and consumer industries.The company operates in more than 100 countries including in Asia Pacific and South Pacific, Europe, the Middle East and Africa, and the Americas, and has offices in 87 of these countries to give its global and local customers the support they need to develop and conduct their business successfully. It also works with its customers in these countries to engineer and install facilities and plants that enhance efficiency and productivity, and to provide them with comprehensive market and product support services as well as creative financing and risk management.
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