WABCO was a U.S.-based provider of electronic braking, stability, suspension, and transmission

automation Automation describes a wide range of technologies that reduce human intervention in processes, namely by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines ...

systems for heavy-duty commercial vehicles.

History

The

Westinghouse Air Brake Company The Westinghouse Air Brake Company (sometimes nicknamed or abbreviated WABCO although this was also confusingly used for spinoffs) was founded on September 28, 1869 by George Westinghouse in Pittsburgh, Pennsylvania. Earlier in the year he had i ...

, founded in the U.S. in 1869, was acquired by American Standard in 1968. The earthmoving and mining product range was sold to

Dresser Industries Dresser Industries was a multinational corporation headquartered in Dallas, Texas, United States, which provided a wide range of technology, products, and services used for developing energy and natural resources. In 1998, Dresser merged with its ...

in 1984, before the remainder was spun off in 2007 as WABCO Holdings, Inc. Previously headquartered in Bern, Switzerland (having moved from Brussels, Belgium in February 2019), WABCO employed more than 11000 people in 34 countries worldwide. In 2013, WABCO's total sales were $2,720.5 million, a rise of 10% over the previous year. WABCO was a publicly traded company listed on the New York Stock Exchange as

WABCO Holdings, Inc. WABCO Holdings, Inc. is an American provider of electronic braking, stability, suspension and transmission automation systems for heavy duty commercial vehicles. Their products are present in many commercial vehicles as truck, bus, trailer and ...

, with the stock symbol WBC. On 28 March 2019, German auto parts maker

ZF Friedrichshafen ZF Friedrichshafen AG, also known as ZF Group, originally ''Zahnradfabrik Friedrichshafen'', and commonly abbreviated to ZF (ZF = "Zahnradfabrik" = "Cogwheel Factory"), is a German car parts maker headquartered in Friedrichshafen, in the south- ...

announced an agreement to acquire WABCO for over $7 billion based on customary regulatory and shareholder approvals. On 29 May 2020, WABCO was acquired by

through a merger agreement and thereafter became the Commercial Vehicle Control Systems division of ZF.

References

{{Authority control Commercial vehicles Vehicle safety technologies Vehicle braking technologies