Wire · founder news, decoded · technology
ABB to acquire silicon carbide-based power conversion firm Advantics
◆ Published
21 July 2026
◆ Topic
technology
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 21 July 2026 · Fusion42 review
ABB acquires Advantics, a silicon carbide power conversion specialist, to strengthen its DC portfolio for data centres, industrial microgrids and EV infrastructure. The deal adds high-efficiency SiC technology (up to 99% conversion efficiency) to ABB's power management capabilities ahead of forecast growth in DC electrification.
This Wire brief sits within Fusion42's coverage of Semiconductors, AI Infrastructure and Electric Vehicles. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ The Wire takeaway
If you build anything that sits between a power source and a data centre, industrial microgrid or EV charger, ABB just acquired a proven buyer willing to pay for 99%-efficient SiC conversion tech. The market for DC power components is consolidating—your exit has a price on it.
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◆ Topics
Semiconductors · AI Infrastructure · Electric Vehicles · silicon-carbide · power-electronics · dc-infrastructure · electrification · ma-consolidation