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===2010s=== [[File:Rundgang ABB - (von links) NRW-Klimaschutzminister Johannes Remmel, Margit Thomeczek EnergieAgentur.NRW, Standortleiter ABB Matthias Reinhold (8496818425).jpg|thumb|Tour of a ABB transformer station in Germany which gathers energy from offshore [[wind farm]]s, 2013.]] In September 2010, the company bought K-TEK, a manufacturer of level measurement instruments, for $50 million; it was incorporated into ABB's Measurement Products business unit within ABB's Process Automation division.<ref>{{Cite news |last= Vinluan |first= Frank |date= 9 July 2010 |title= ABB buys $50M Louisiana company K-TEK |url= https://www.bizjournals.com/triangle/stories/2010/07/05/daily54.html |access-date= 11 September 2020 |work=Triangle Business Journal}}</ref> During July 2010, ABB in Cary, North Carolina received a $4.2 million grant from the US federal government to develop energy storing magnets.<ref>{{Cite news |last= Murwaski |first= John |date= 13 July 2010 |title= U.S. Grants Go to Cree, ABB |pages= B4 |work= The News and Observer |url= https://www.newspapers.com/clip/96627598/ |access-date= 28 February 2022 |via= [[Newspapers.com]]}}</ref> On 10 January 2011, ABB invested $10 million in ECOtality, a [[San Francisco]]-based developer of charging stations and power storage technologies, to enter North America's [[electric vehicle]] charging market.<ref>{{cite web |url= https://new.abb.com/news/detail/13311/abb-enters-us-market-for-electric-vehicle-infrastructure-with-ecotality-stake |title= ABB enters US market for electric vehicle infrastructure with ECOtality stake |website= ABB Ltd |date = 10 January 2011}}</ref> On 1 July of that year, the company announced its acquisition of Epyon B.V. of the Netherlands, an early leader in the European EV-charging infrastructure and maintenance markets.<ref>{{cite web |title= ABB acquires Epyon to expand offering in EV charging infrastructure |url= https://new.abb.com/news/detail/13216/abb-acquires-epyon-to-expand-offering-in-ev-charging-infrastructure |website= ABB Ltd |date= 1 July 2011}}</ref> During early 2011, ABB acquired Baldor Electric in exchange for $4.2 billion in an all-cash transaction; this move aligned with ABB's strategy to increase its market share in the North American industrial motors business.<ref>{{cite web |title= ABB completes acquisition of Baldor Electric Company |url= https://new.abb.com/news/detail/12859/abb-completes-acquisition-of-baldor-electric-company |website= ABB Ltd |date= 27 January 2011}}</ref> On 30 January 2012, the company announced the acquisition of Thomas & Betts, a North American specialist in low voltage products for industrial, construction and utility applications, in a $3.9 billion cash transaction.<ref>{{cite web |date= 30 January 2012 |title= Thomas & Betts Corporation Reports Fourth Quarter 2011 Net Earnings |url= http://www.tnb.com/shared/docs/TNB_4Q11.pdf |access-date= 1 February 2012 |website=Thomas & Betts}}</ref> On 15 June 2012, ABB completed its acquisition of commercial and industrial wireless technology specialists Tropos.<ref>{{cite web |url = https://www.pumpsandsystems.com/news/2012-06-26/abb-completes-acquisition-tropos |title = ABB Completes Acquisition of Tropos |website=Pumps and Systems |date = 26 June 2012}}</ref> In July 2013, ABB acquired Power-One in a $1 billion all-cash transaction, to become the leading global manufacturer of [[solar inverter]]s.<ref>{{cite web |title= ABB completes acquisition of Power-One |url= https://new.abb.com/news/detail/13395/abb-completes-acquisition-of-power-one |website= ABB Ltd |date= 25 July 2013}}</ref> That same year, [[Fastned]] selected ABB to supply more than 200 Terra fast-charging stations along highways in the Netherlands.<ref>{{cite web |url = https://www.businessgreen.com/news/2280140/abb-wins-dutch-contract-for-worlds-largest-ev-fastcharging-network |title = ABB wins Dutch contract for "world's largest" EV fast-charging network |website = businessgreen.com |first = James |last = Murrayclock |date = 9 July 2013}}</ref> In 2016, ABB was awarded a contract on the [[Trans-Anatolian gas pipeline|TANAP]] gas pipeline project in Turkey to deliver the telecommunications, security and control infrastructure to contribute to safe, secure, and reliable operation of the pipeline throughout its lifetime.<ref>{{cite web |url= https://new.abb.com/oil-and-gas/case-studies/midstream-transportation/tanap |title= Trans-Anatolian Natural Gas Pipeline |website= ABB Ltd |access-date= 5 June 2022}}</ref> The TANAP pipeline is the largest diameter and with 1,850 km length, the longest pipeline ever built in Turkey, crossing 20 districts and will bring Azerbaijan's natural gas through Georgia, Turkey and Greece into the rest of Europe. The $11 billion TANAP pipeline will interconnect with the [[South Caucasus Pipeline]] (SCP) at Turkey's border with Georgia and the [[Trans Adriatic Pipeline]] (TAP) at its border with Greece.{{Citation needed|date=December 2023}} On 6 July 2017, ABB announced it had completed its acquisition of [[B&R|Bernecker + Rainer Industrie-Elektronik]] (B&R), the largest independent provider of product and software-based open-architecture for industrial automation.<ref>{{Cite web |last1=Revill |first1=John |last2=Hirt |first2=Oliver |date=4 April 2017 |title=ABB buys B&R to help it challenge Siemens in industrial automation |url=https://www.reuters.com/article/idUSKBN1760CA/ |access-date=3 June 2024 |website=Reuters}}</ref> [[File:2023-04-23 Motorsport, ABB FIA Formula E World Championship, Berlin E-Prix 2023 1DX 1379 by Stepro.jpg|thumb|Since 2018 ABB has been the title sponsor for the [[Formula E]] electric racing series.]] During January 2018, ABB became the title partner of the ABB FIA [[Formula E]] Championship, the world's first fully electric international FIA motorsport series.<ref>{{cite web |title= ABB and Formula E partner to write the future of e-mobility |url= https://new.abb.com/news/detail/3182/abb-and-formula-e-partner-to-write-the-future-of-e-mobility |website= ABB Ltd |date= 9 January 2018}}</ref> On 30 June 2018, the company completed its acquisition of GE Industrial Solutions, [[General Electric]]'s global electrification business.<ref name=":0">{{Cite news |url= https://new.abb.com/news/detail/5475/abb-completes-acquisition-of-ge-industrial-solutions |title= ABB completes acquisition of GE Industrial Solutions |website= ABB Ltd |access-date= 30 July 2018}}</ref> On 17 December 2018, ABB announced it had agreed to sell 80.1% of its Power Grids business to [[Hitachi]]; the former Power Grids division thus became a part of the Hitachi Group and was rebranded to [[Hitachi Energy]].<ref>{{Cite web |title= Hitachi Energy β Advancing a sustainable energy future for all |url= https://www.hitachienergy.com/ |access-date= 14 February 2022 |website= hitachienergy.com |language= en}}</ref> During December 2022, it was confirmed that Hitachi had acquired the remaining 19.9% of the business.<ref>{{Cite news |title= Hitachi complete Acquisition of ABB Power Grids |work= greentechmedia.com |url= https://www.greentechmedia.com/articles/read/hitachi-completes-acquisition-of-abb-power-grids |access-date= 1 May 2020}}</ref>
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