ABB to acquire PowerTech Converter

ABB to acquire PowerTech Converter

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Sep 30, 2022 - 15:16 Updated: May 7, 2025 - 15:16
ABB to acquire PowerTech Converter

As a new step towards expanding the traction offering of ABB, the leading global technology company has announced the company’s plans to acquire PowerTech Converter. With this expansion, ABB can boost the company’s market visibility and expand its offered product portfolio. PowerTech Converter (PTC) is a reputed supplier of auxiliary power converter solutions for metro and light rail vehicles.

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