Editing Saab AB (section)

=== Saab AB ===
[[File:SAAB Logotyp 1965.svg|thumb|Saab's logotype from the late 1950s.]]
In May 1965, the company name was changed to Saab AB to reflect its broad range of activities.<ref name="Gunston"/>

In 1968 Saab AB merged with the Swedish lorry, bus and heavy-duty [[diesel engine]] manufacturer [[Scania-Vabis]],<ref>{{cite web |url=http://www.swedecar.com/saab_history.htm |title=History of Saab |publisher=Swedecar |date=1 September 1939 |access-date=11 February 2009 |archive-date=15 June 2018 |archive-url=https://web.archive.org/web/20180615053650/http://www.swedecar.com/saab_history.htm |url-status=dead }}</ref> and became [[Saab-Scania]] AB.

In 1990 [[General Motors Corporation|General Motors]] bought 51% of the car division [[Saab Automobile]], and acquired the rest a decade later.

In 1991 [[Investor AB]] completed a leveraged buyout of Saab-Scania AB. Investor AB acquired all the outstanding shares in Saab-Scania for approximately SEK 21 billion.<ref>{{Citation | contribution-url = http://www.investorab.com/about-investor/investor%27s-history/1984-1994/ | publisher = Investor AB | title = History | contribution = 1984–1994 | access-date = 14 January 2016 | archive-date = 4 March 2016 | archive-url = https://web.archive.org/web/20160304195419/http://www.investorab.com/about-investor/investor%27s-history/1984-1994/ | url-status = live }}.</ref><ref>{{Citation | publisher = Funding universe | contribution-url = http://www.fundinguniverse.com/company-histories/Saab-Automobile-AB-Company-History.html | contribution = Saab Automobile AB company | title = History | access-date = 21 April 2012 | archive-date = 4 March 2012 | archive-url = https://web.archive.org/web/20120304094834/http://www.fundinguniverse.com/company-histories/Saab-Automobile-AB-Company-History.html | url-status = live }}.</ref><ref>{{Citation | contribution-url = http://www.alacrastore.com/deal-snapshot/Patricia_AB_launches_a_tender_offer_for_Saab_Scania_AB_from_Investor_AB-41963 | publisher = AlacraStore | title = Deal snapshot | contribution = Patricia AB launches a tender offer for Saab-Scania AB from Investor AB }}{{Dead link|date=May 2023 |bot=InternetArchiveBot |fix-attempted=yes }}.</ref> Saab-Scania became a wholly owned subsidiary of Investor AB and the company was de-listed.<ref>{{Citation | contribution-url = http://www.scania.com/investor-relations/company-overview/financial-history/ | title = Company overview | publisher = Scania | contribution = Official financial history | access-date = 21 April 2012 | archive-date = 19 March 2015 | archive-url = https://web.archive.org/web/20150319191556/http://scania.com/investor-relations/company-overview/financial-history/ | url-status = dead }}.</ref>

In 1995 Saab-Scania was divided by Investor AB into two independent companies, de-merging into Scania AB and Saab AB. The intention by Investor AB was to broaden ownership in the two companies later.<ref>{{Citation | type = Investor report | url = http://ir.investorab.com/files/press/investor/investor-report-1999-03-31-en.pdf | publisher = Investor AB | title = Annual report | date = 31 March 1998 | access-date = 21 April 2012 | archive-date = 15 September 2019 | archive-url = https://web.archive.org/web/20190915204848/http://ir.investorab.com/files/press/investor/investor-report-1999-03-31-en.pdf | url-status = live }}.</ref> Following the sale of 50% of the car division Saab Automobile AB to General Motors, the main reason behind the merger with lorry manufacturer Scania-Vabis in 1968 had disappeared.

Also in 1995 Saab Military Aircraft and [[British Aerospace]] (now [[BAE Systems]]) formed the joint venture company Saab-BAe Gripen AB, to manufacture, market and support Gripen internationally. This co-operation was extended in 2001 with the formation of Gripen International for the same purpose.<ref>{{Citation | publisher = Swedecar | url = http://www.swedecar.com/saab_history.htm | title = History of Saab | access-date = 8 July 2008 | archive-date = 15 June 2018 | archive-url = https://web.archive.org/web/20180615053650/http://www.swedecar.com/saab_history.htm | url-status = dead }}.</ref> From 1998 until 2005, British Aerospace/BAE was the largest shareholder in Saab following its acquisition of a 35% stake from [[Investor AB]]. In January 2005, BAE Systems reduced its shareholding to 20%. Investor AB maintained a 20% share.

On 16 November 1999, Saab announced its intention is to purchase Celsius AB and the acquisition was concluded by early March 2000.<ref>{{Citation| publisher = Saab| url = http://www.saabgroup.com/en/About-Saab/Newsroom/Press-releases--News/2000---1/Saab-has-acquired-further-shares-in-Celsius/| title = Saab has acquired further shares in Celsius| url-status=dead| archive-url = https://web.archive.org/web/20150217120515/http://www.saabgroup.com/en/About-Saab/Newsroom/Press-releases--News/2000---1/Saab-has-acquired-further-shares-in-Celsius/| archive-date = 17 February 2015}}.</ref>

In September 2000 [[United Defense|United Defense Industries]] (UDI) purchased Bofors Weapon Systems from Saab (the [[autocannon]] and tube [[artillery]] interests), while Saab retained the [[missile]] interests.

In December 2005 Saab joined the [[Dassault nEUROn]] project as a major partner.

In October 2008 the company announced its intention to merge its operations with that of [[Simrad Optronics]]. The new unit will develop high-tech [[optronics]] products and will be headquartered in Norway, although other details of the new arrangement have not been finalized.<ref>{{Citation | journal = [[Aviation Week & Space Technology]] | volume = 169 | number = 17 | title = New Kid on the Block | page = 16}}.</ref>

In 2010 the company restructured from fifteen business units into five business areas; Aeronautics, Dynamics, Electronic Defence Systems, Security and Defence Solutions, and Support and Services. According to Saab the restructuring was undertaken to become more market and customer oriented.<ref name = "Saabgroup.com">{{cite web |url= http://www.saabgroup.com/en/about-saab/newsroom/press-releases--news/2009---9/saab-presents-new-operating-and-management-structure/ |title= Saab presents new operating and management structure |publisher= Saab |date= 9 September 2009 |access-date= 3 August 2010 |archive-date= 17 July 2011 |archive-url= https://web.archive.org/web/20110717064945/http://www.saabgroup.com/en/about-saab/newsroom/press-releases--news/2009---9/saab-presents-new-operating-and-management-structure/ |url-status= live }}</ref>

In March 2010, BAE Systems sold half of its 20% stake in the company to Investor AB, which then became the major shareholder.<ref>{{cite news |title=BAE Systems sells 10pc stake in Saab |url=https://www.telegraph.co.uk/finance/newsbysector/industry/defence/7378771/BAE-Systems-sells-10pc-stake-in-Saab.html |access-date=16 July 2012 |newspaper=The Telegraph |date=5 March 2010 |archive-date=15 September 2019 |archive-url=https://web.archive.org/web/20190915204915/https://www.telegraph.co.uk/finance/newsbysector/industry/defence/7378771/BAE-Systems-sells-10pc-stake-in-Saab.html |url-status=live }}</ref> In June 2011, the British company sold its remaining stake bringing its 16-year involvement in Saab to an end.<ref>{{cite news|last=O'Doherty|first=John|title=BAE offloads Saab aerospace stake|url=http://www.ft.com%2Fcms%2Fs%2F0%2F6471d438-91e5-11e0-b8c1-00144feab49a.html|access-date=16 July 2012|newspaper=FT|date=8 June 2011|url-status=dead|archive-url=https://web.archive.org/web/20120427221807/http://www.ft.com/cms/s/0/6471d438-91e5-11e0-b8c1-00144feab49a.html|archive-date=27 April 2012}}</ref>

As of August 2020, Investor AB owns a 30.16% stake in the company (39.69% of the voting rights) and is the top owner.<ref>{{Cite web|url=https://saabgroup.com/investor-relations/the-share/ownership/|title=Ownership|website=Saab Corporate|language=en-US|access-date=16 August 2020|archive-date=29 August 2020|archive-url=https://web.archive.org/web/20200829211959/https://saabgroup.com/investor-relations/the-share/ownership/|url-status=live}}</ref>

In August 2023, it was announced Saab had acquired the [[Bedford|Bedford, UK]]–based manufacturer of [[Artificial intelligence|AI]]-enabled autonomous swarm systems, Blue Bear Research Systems.<ref>{{Cite web |date=31 August 2023 |title=Saab acquires UK-based BlueBear Systems Group |url=https://defence-industry.eu/saab-acquires-uk-based-bluebear-systems-group/ |access-date=31 August 2023 |language=en |archive-date=31 August 2023 |archive-url=https://web.archive.org/web/20230831115327/https://defence-industry.eu/saab-acquires-uk-based-bluebear-systems-group/ |url-status=live }}</ref>

In September 2023, it was announced Saab had acquired the [[San Francisco]]–headquartered [[artificial intelligence]] / [[machine learning]] development company CrowdAI.<ref name="Demarest 2023 u043">{{cite web | last=Demarest | first=Colin | title=Sweden's Saab snags Silicon Valley-based CrowdAI | website=C4ISRNet | date=7 September 2023 | url=https://www.c4isrnet.com/industry/2023/09/07/swedens-saab-snags-silicon-valley-based-crowdai/ | access-date=11 September 2023 | archive-date=8 September 2023 | archive-url=https://web.archive.org/web/20230908211314/https://www.c4isrnet.com/industry/2023/09/07/swedens-saab-snags-silicon-valley-based-crowdai/ | url-status=live }}</ref><ref>{{Citation |last=Joshi |first=Ameet V. |title=Essential Concepts in Artificial Intelligence and Machine Learning |date=2023 |url=http://dx.doi.org/10.1007/978-3-031-12282-8_2 |work=Machine Learning and Artificial Intelligence |pages=7–20 |access-date=11 September 2023 |place=Cham |publisher=Springer International Publishing |doi=10.1007/978-3-031-12282-8_2 |isbn=978-3-031-12281-1|url-access=subscription }}</ref>