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Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company.
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ASEA HQ in Västerås
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Company type | Publicly traded aktiebolag |
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Industry | Electrical engineering |
Founded | 1883 (1883) |
Defunct | 31 December 1987 (1987-12-31) (merged with Brown Boveri to form ABB) |
Successor | ABB |
Headquarters | , |
ASEA was founded in 1883[1] by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators.[2] After merging with Wenström's & Granström's Electrical Power Company (Wenströms & Granströms Elektriska Kraftbolag) the name was changed to Allmänna Svenska Elektriska Aktiebolaget, literally the "General Swedish Electrical Limited Company", or ASEA for short.[2]
In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB.[1][3] The merge took effect on 1 January 1988.[4] After this merger, ABB acquired several companies, including the power transmission and distribution operations of the Westinghouse Electric Corporation and the Combustion Engineering Group.[1]
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