January 27, 2023
You are here:  Home  >  Banking & Finance  >  Current Article

Swiss firm snags Power-One at bargain price


A “tumultuous” time in the solar industry in Europe has given Swiss industrial group ABB the chance to expand into the industry at a bargain price with the acquisition of Camarillo-based Power-One. Power-One, a maker of inverters for solar power systems, is set to be acquired by the Zurich-based maker of power and control systems…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.