ABB acquires Australian enterprise software firm Mincom

ABB Australia Pty Ltd
Tuesday, 10 May, 2011

ABB, the Zurich, Switzerland-headquartered power and automation technology group, has agreed to acquire an Australian enterprise software player, Mincom. The business was acquired from  private equity group Francisco Partners.

Mincom has 1000 employees and annual revenues of approximately $200m.

“Mincom helps us to increase the depth of our enterprise asset management offering, building our position as a leader in the key growth sectors of natural resources and energy. For our customers this means extending the life of their infrastructure, optimising asset management and reducing the overall cost of ownership,” said Joe Hogan, CEO of ABB.

ABB will retain the Mincom management team, and its operations will be added to ABB’s software business, Ventyx.

Related News

Marinus Link clears critical environmental hurdle

The planned subsea electricity and data connector between Tasmania and Victoria has received a...

Callout for Aust clean energy startups: CSIRO

CSIRO is inviting Australian startups and SMEs to apply for the latest round of the India...

Worker fined for unlicensed electrical work

A Perth man has been fined for completing an entire switchboard relocation without holding any...


  • All content Copyright © 2025 Westwick-Farrow Pty Ltd