ABB and Thomas & Betts Corp. announced that both companies’ boards of directors have agreed to a transaction in which ABB will acquire Thomas & Betts for approximately $3.9 billion. The combination is expected to enhance ABB’s North American low-voltage products business. Thomas & Betts also offers HVAC products, new to ABB but related to its core power and automation focus.
The Schlage LiNK™ system has been relaunched and expands Nexia™ Home Intelligence, a smart home automation system, to make everything in a home speak one simple language. Nexia enables consumers to remotely manage features and functions of their home, including door locks, heating and cooling, and more.
Delta Products Corp. offers a wide variety of industrial automation products ranging from ac motor drives, servo amplifiers and motors, temperature controllers, programmable logic controllers, human machine interface modules, and more.