Ventyx

At 12 times forecast 2011 earnings before interest, taxes, depreciation and amortization, or Ebitda, it is paying less than the 20 times Ebitda ABB paid for Ventyx last year.

Schneider Joins Smart-Systems Asset Scramble Matthew Curtin 2011

Besides the Baldor acquisition — its largest in more than a decade — ABB in recent months has spent about $2 billion to buy U.S. energy-software maker Ventyx and raised its stake in its Indian subsidiary.

ABB Plans Further Cost Cuts Goran Mijuk 2011

Besides the Baldor acquisition, its largest in more than a decade, ABB last year also spent more than $1 billion to buy U.S. energy-software maker Ventyx and raised its stake in its Indian subsidiary from 52.11% to 75%.

ABB Sees Fastest Revenue Growth in 2 Years John Revill 2011

At 12 times forecast 2011 earnings before interest, taxes, depreciation and amortization, or Ebitda, it is paying less than the 20 times Ebitda ABB paid for Ventyx last year.

Schneider Joins Smart-Systems Asset Scramble Matthew Curtin 2011

"We are extremely happy with the Ventyx acquisition, and we have pretty ambitious plans for the business in coming years," Chief Financial Officer Michel Demare told reporters.

ABB Plans Further Cost Cuts Goran Mijuk 2011

Last year, Swiss conglomerate ABB Ltd. paid more than $1 billion for energy software maker Ventyx.

GE Makes Big Bet on Software Development Kate Linebaugh 2011

To counter these effects, ABB has embarked on a $3 billion cost-cutting program and spent more than $2 billion on acquisitions, such as U.S. software firm Ventyx.

ABB's Profit Slumps Goran Mijuk 2010

Ventyx, which had sales of about $250 million in 2009 and employs about 900 staff world-wide, provides software solutions to energy firms such as nuclear plants or communications companies such as mobile network operators.

ABB Buys Software Maker Ventyx 2010

Ltd. on Wednesday agreed to buy software maker Ventyx from U.S. private-equity firm Vista Equity Partners for more than $1 billion in cash, raising hopes that the Swiss engineering giant's first large takeover in more than a decade may trigger fresh merger-and-acquisition activity in the sector.

ABB Buys Software Maker Ventyx 2010

The Ventyx acquisition was ABB's first large takeover in more than a decade, and Chief Executive

ABB to Increase India Investment 2010