ABB to expand DC portfolio by acquiring French company Advantics
The acquisition of Advantics adds a high-efficiency Silicon Carbide power conversion technology to ABB’s broader DC portfolio, strengthening the building blocks needed to design, protect, convert, distribute and manage power in new electrical architectures with higher power density, resilience and efficiency.
As announced by the international group itself, ABB is acquiring Advantics, a specialist provider of Silicon Carbide-based power conversion solutions based in France. This acquisition “expands ABB’s Direct Current (DC) portfolio and positions the company to serve accelerating demand for efficient DC solutions across data centers, industrial microgrids, power generation and EV infrastructure”, according to ABB.
More into details, the acquisition of Advantics adds a high-efficiency Silicon Carbide power conversion technology to ABB’s broader DC portfolio, strengthening the building blocks needed to design, protect, convert, distribute and manage power in new electrical architectures with higher power density, resilience and efficiency.
Statements from ABB and Advantics
“We invest continuously in technology and talent to support global energy expansion. ABB offers industry-leading Direct Current solutions, and Advantics’ power converter technology and world-class engineering talent are a perfect match, adding compact, high-efficiency capabilities that will strengthen our offering for data centers, industrial microgrids, and EV infrastructure. Together, we will accelerate the development and delivery of next-generation DC solutions”, commented Massimiliano Cifalitti, President of ABB’s Smart Power division.
“Advantics has proven that Silicon Carbide technology can deliver breakthrough performance. As the world electrifies, the opportunities for innovation are unprecedented and demand for efficient, intelligent power conversion is accelerating faster than ever before. ABB shares our vision for the future of this technology. Together, we will shape the infrastructure that will power the energy transition and digital transformation for the next decade”, added Michal Elias, Founder and CEO of Advantics.
