ABB Acquires Eve Systems, Paving the Way for Further Adoption of Matter and Thread

by | Jun 12, 2023 | General News

ABB has announced the acquisition of Eve Systems GmbH, a Munich-based smart home products company. This acquisition positions ABB in the smart home market, leveraging the power of Matter and Thread, the latest interoperating standard and wireless connectivity technology.

The demand for smart home technology has been steadily increasing, driven by consumer interest in energy efficiency and government initiatives to promote retrofitting of existing buildings. With buildings accounting for approximately 40 percent of global carbon emissions.

ABB’s acquisition of Eve Systems represents its further investment into the smart home technology market, responding to the increasing demand for building stock retrofitting to enhance comfort, convenience, and energy efficiency. The acquisition will take immediate effect, with Eve Systems operating as an independent brand within the Building and Home Automation Solutions portfolio of ABB Electrification’s Smart Buildings Division.

by: Jill Madison

by: Jill Madison

Raised in New York City by parents who are electrical engineers, Jill was easy prey for entry into the field of electrical engineering, where she worked on designing engine control systems for a number of large auto manufacturers. She developed an "interest" in robotics during this period of time and decided to fuel her interest by reporting on the topic.
The Benefits and Risks of Socializing with Robots

The Benefits and Risks of Socializing with Robots

Social robots, which refer to robots engaging with humans by demonstrating social behaviors and adhering to norms, have experienced a surge in popularity as reported in a research paper by IScience. The landscape has witnessed a rapid increase in research prototypes and commercial devices.

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