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ABB to acquire silicon carbide-based power conversion firm Advantics

3 h ago

ABB acquires silicon carbide power conversion firm Advantics to expand DC portfolio for data centers, microgrids, and EV infrastructure. Electrification and automation technology provider ABB (Zurich, Switzerland) is acquiring Advantics (Saint-Genis-Pouilly, France), a specialist in silicon carbide (SiC)-based power conversion solutions that integrate hardware, firmware, and software for demanding applications including data centers, industrial microgrids, power generation, and EV infrastructure. The acquisition, expected to close by Q4 2026, expands ABB’s direct current (DC) portfolio to meet accelerating demand for efficient DC solutions. The IEA forecasts electricity’s share of final energy consumption will rise from 20% today to about 36% by 2035. ABB states its DC solutions minimize repeated AC/DC conversion and maximize efficiency using advanced semiconductor technology. Advantics’ power converter modules deliver up to 99% efficiency. “ABB offers industry-leading DC solutions, and Advantics’ power converter technology and world-class engineering talent are a perfect match,” said Massimiliano Cifalitti, president of ABB’s Smart Power division. “Together, we will accelerate next-generation DC solutions for data centers, industrial microgrids, and EV infrastructure.” Advantics founder & CEO Michal Elias added, “As the world electrifies, demand for efficient, intelligent power conversion is accelerating faster than ever. ABB shares our vision.” ABB has over 140 years of history and around 110,000 employees. Its shares are listed on SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).