ABB Buying Tropos Networks
June 4, 2012- Share:
Venture-backed Tropos Networks has agreed to be acquired by Zurich-based power and automation tech group ABB (NASDAQ: ABB). The addition of Tropos will grow ABB’s communications systems division for the power, transportation, mining and public infrastructure sectors. Integral Capital Partners led Tropos' most recent round, a $5 million Series F financing.
Wireless Communications Equipment
Sunnyvale, CA
Developer of technology and products used to create secure wireless IP broadband networks for the Smart Grid and other outdoor industrial applications
Sellers
Buyer
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