09 May '11, 4am

ABB Buys Another One: MIncom, for Managing Mines: ABB. It stands for Aggressive Buying Behavior. The Swiss e...

ABB Buys Another One: MIncom, for Managing Mines: ABB. It stands for Aggressive Buying Behavior. The Swiss e...

ABB. It stands for Aggressive Buying Behavior. The Swiss electrical equipment manufacturer has bought Mincom, which makes software for managing mining operations, for an undisclosed sum. Mincom's annual revenue comes to around $200 million and it employs 1,000. Seventeen of the top twenty mining companies are customers and it enjoys a large presence in Latin America and Asia. Mincom will become part of ABB's Ventyx subsidiary. ABB bought Ventyx last May for $1 billion. Since then, Ventyx has acquired Obvient. Four years ago, ABB didn’t come up much in conversations in Silicon Valley. Now, ABB represents one of the best exit paths for startups in efficiency and grid equipment. Along with the three acquisitions listed above, ABB bought electric motor maker Baldor Electric for $4.2 billion and Insert Key Solutions , which specializes in asset management software, in the past ...

Full article: http://www.greentechmedia.com/articles/read/abb-buys-anot...

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Gas or Electric Dryer - Which One is Greener?

treehugger.com 13 May '11, 2pm

As I mentioned in my somewhat controversial post on 5 un-green things I hate about America (before I start getting death t...