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ABB: takes minority stake in DG Matrix
(CercleFinance.com) - ABB announces that it has acquired a minority stake in DG Matrix, a North Carolina company specializing in solid-state power electronics.
The investment is aimed at supporting the commercialization of the Power Router platform, which replaces conventional systems with a more compact and efficient all-in-one solution, with 98% energy efficiency. Indeed, as global demand for electricity increases, existing infrastructures must evolve to meet the needs of AI data centers, smart industries, electric vehicle charging and the energy transition, ABB says. The financial terms of the investment were not disclosed. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
17/03/2025 19:55
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