DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Investment / M&A / Financing, ABB
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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ABB invests $200m to expand medium-voltage manufacturing across Europe to support data center growth
Aims to strengthen supply for utility, industrial, and data center customers
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Energy management startup GridBeyond funding round raises $12m
Investors in the equity round included Samsung and ABB
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ABB acquires Premium Power to expand data center advisory offering
Transaction expected to close in Q1 2026
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ABB acquires IPEC to expand electrical monitoring capabilities in data center sector
Expected to close in Q1 2026
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ABB invests in data center cooling optimization firm OctaiPipe
Will take a minority stake in the firm
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ABB robotics and Molg partner to develop e-waste micro-factories
Molg’s robots to handle assembling and disassembling electronics including servers
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ABB invests in Edge platform Pratexo
Startup offers appliances with AI
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ABB touts "sizable wins" in data centers as it nears $1.3bn in sector sales
"We are delivering a good margin to this industry"