ABB is a global leader in power and automation technologies, providing a comprehensive range of products, systems, solutions, and services. The company focuses on power transmission, distribution, and power-plant automation, catering to electric, gas, and water utilities, as well as industrial and commercial sectors. Its automation division serves various industries, offering measurement, control, protection, and process optimization applications. ABB operates in approximately 100 countries and is structured around five main divisions: Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products, and Process Automation. The company has made significant acquisitions, including Baldor Electric Company and a controlling interest in Validus DC Systems. ABB is also involved in digital solutions across industries, including smart grids, robotics, renewable energy, and wireless technologies for mission-critical applications. Furthermore, ABB Technology Ventures, the company's venture capital arm, invests in innovative energy technology companies, focusing on sectors such as smart grids and cleantech, to enhance sustainability and performance.