In this Research Note, we examine the Smart Buildings Division of ABB, based on their activities throughout 2021, updating our previous article, ABB Ramps Up its Mid-Market Commercial Building Automation Business, which highlighted their acquisition of Cylon. The Smart Buildings Division offers a broad portfolio of home and building automation solutions as well as a portfolio of electrical distribution systems and products. The division, one of 6 business units of the $13.2 billion Electrification segment of ABB, reports revenues in the range of $2,750 to $3,250 million for 2021. Mike Mustapha recently took over as President of the division. ABB views its Smart Buildings division as a high-growth segment with a focus on expanding its portfolio for commercial buildings through innovation with digital building management systems and bolt-on acquisitions. Their portfolio of building and energy management systems includes Cylon’s Active Energy solution, rebranded to ABB Ability Building Ecosystem, i-bus KNX intelligent building control systems and ABB’s Aspect IBMS (Integrated Building Management Solutions). To support […]