Acquisition supports ABB Ability^TM offering for
mission-critical power grid applications, extending market opportunities

ZURICH–(BUSINESS WIRE)–ABB today announced it has agreed to acquire the mission-critical
communication business of the KEYMILE Group to strengthen its
communication networks portfolio. The acquisition will bring with it key
products, software and service solutions, as well as research and
development expertise. These will further enhance ABB’s industry-leading
digital offering, ABB Ability, by adding extremely reliable
communications technologies that are essential to maintain today’s
dynamic and complex digital electrical grids. The transaction is
expected to close during the third quarter of 2017. Both parties have
agreed not to disclose the value of the deal.

KEYMILE is headquartered in Hanover, Germany with 350 employees globally
and was founded in 2002 through a merger of three technology companies
in Austria, Germany and Switzerland. It is a leading manufacturer of
mission-critical and broadband telecommunication solutions, with
installations across 100 countries.

Reliable information is key to quick and accurate decision making in
today’s increasingly automated world; this is particularly true of
sprawling, connected networks. The operation of mission-critical systems
such as electrical grids requires communication networks with
unparalleled performance and robustness based on special technology,
protocols and software. KEYMILE’s communication portfolio is geared to
meet the demands of network operators for reliability, availability and
cyber security, making KEYMILE a leader in the field of mission-critical
communications.

“ABB is a global leader in communication networks for utility customers.
The acquisition of KEYMILE’s mission-critical communication business
will strengthen this position and extend our market reach in the
industrial, transportation and infrastructure sectors,” said Claudio
Facchin, president of ABB’s Power Grids division. “This move supports
our growth plans and digitalization push as part of our ABB Ability
offering, as we strengthen our position as the partner of choice in
enabling a stronger, smarter and greener grid.”

KEYMILE’s mission-critical communication business base includes network
operators of energy grids, railways, oil and gas pipelines, as well as
public authorities. The 120 employees of the acquired business will join
the Grid Automation business unit of ABB’s Power Grids division.

“Reliable telecommunications become increasingly important as the number
of connected devices increases. While digitalization provides
opportunities for operational efficiencies and asset optimization, it
also brings new complexities in maintaining mission-critical
operations,” said Rolf Unterberger, CEO of KEYMILE. “We are very pleased
that industry leader ABB will acquire our mission-critical communication
networks business, which will enable the continued development of
cutting-edge products, software and service solutions for grid
operations.”

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in
electrification products, robotics and motion, industrial automation and
power grids, serving customers in utilities, industry and transport &
infrastructure globally. Continuing more than a 125-year history of
innovation, ABB today is writing the future of industrial digitalization
and driving the Energy and Fourth Industrial Revolutions. ABB operates
in more than 100 countries with about 132,000 employees. www.abb.com

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