M&A Deal Summary

ABB Acquires Keymile International - Communication Networks Business

On July 3, 2017, ABB acquired communications company Keymile International - Communication Networks Business from Keymile International

Acquisition Highlights
  • This is ABB’s 2nd transaction in the Communications sector.
  • This is ABB’s 2nd transaction in Austria.

M&A Deal Summary

Date 2017-07-03
Target Keymile International - Communication Networks Business
Sector Communications
Buyer(s) ABB
Sellers(s) Keymile International
Deal Type Divestiture

Target

Keymile International - Communication Networks Business

Brunn am Gebirge, Austria
Keymile International - Communication Networks Business is a provider of broadband access and data transmission in mission-critical communications networks.

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Buyer(S) 1

Buyer

ABB

Zurich, Switzerland

Category Company
Founded 1883
Sector Engineering
Employees109,930
Revenue 32.9B USD (2024)
DESCRIPTION
Entrance to ABB's headquarters in Zurich, Switzerland.
Entrance to ABB's headquarters in Zurich, Switzerland.

ABB is an engineering company that helps customers use electrical power effectively and increase industrial productivity in a sustainable way. ABB creates and supports a range of products, systems and services that increase energy efficiency, reliability and productivity for a variety of industrial, utility, and transport and infrastructure customers. ABB was founded in 1883 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 31 of 39
Sector: Communications M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Austria M&A 2 of 2
Year: 2017 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Bernecker + Rainer Industrie-Elektronik

Eggelsberg, Austria

Bernecker + Rainer Industrie-Elektronik GmbH (B&R) is an automation company. B&R combines state-of-the-art technology with advanced engineering to provide customers in virtually every industry with complete solutions for machine and factory automation, motion control, HMI and integrated safety technology. Bernecker + Rainer Industrie-Elektronik GmbH was established in 1979 and is headquartered in Eggelsberg, Austria.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-25 GE Industrial Solutions

Fairfield, Connecticut, United States

GE Industrial Solutions is a provider of an electrical solutions at the crossroads of digital and industrial – smart, rugged and equipped to control electricity from the grid to its point of use.

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Seller(S) 1

SELLER

Keymile International

Brunn am Gebirge, Austria

Category Company
Founded 1992
Sector Technology Hardware
Employees430
Revenue 121M EUR (2011)
DESCRIPTION

Keymile International GmbH is a global leading supplier and manufacturer of network components with integrated network, which serve to ensure the connectivity between traditional copper landlines installed in the houses and offices of the final customers (e. g. xDSL) and the optical fibre network of network operators (the so-called “backbone”). Due to the increased bandwidth the products of the company facilitate the bundled supply of television, (IP-)telephony as well as broadband internet services – so-called “triple-play” services – by telecommunications companies.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-12 Hytec equipment manufacturing

Mannheim, Germany

Hytec Gerätebau. The company is based in Mannheim, Germany and specialises in process-data communication, especially data communication in telecontrol and automation engineering. The acquisition will allow Keymile to boost its position among energy utilities and to expand its core competencies with regard to smart grids.

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