ABB acquires software company to expand its process automation division

According to ABB, Amarcon’s product portfolio provides software solutions for ships that focus on safety and improved operational ability. These will enhance ABB’s own marine advisory systems offering, which the company sees as a growth area as energy cost, emissions and ship safety become increasingly important issues onboard ships.

“Amarcon’s Octopus product, its know-how of ship hydrodynamics and ship modeling capabilities are a complementary and strategic fit for our existing software portfolio,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “With a strong software background, this acquisition will provide ABB with additional access to fast growing energy optimisation markets.”