ABB agrees to buy France-based power conversion specialist Advantics

ABB agreed to acquire France-based Advantics, a supplier of silicon carbide power-conversion solutions, to expand its direct-current technology portfolio.
Deal targets demand for high-efficiency DC systems in data centers, industrial microgrids, power generation, EV charging infrastructure.
Advantics’ converter modules deliver up to 99% efficiency, supporting higher power density, resilience, energy efficiency in DC architectures.
Financial terms were not disclosed; closing is expected by the fourth quarter of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ABB Ltd. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.