ABB Group (Asea Brown Boveri) is a multinational company headquartered in Zurich, Switzerland, formed in 1988 by the merger of the Swedish General Electric Company (ASEA, founded in 1883) and the Swiss Brown-Boveri AG (BBC, founded in 1891). The Group is a leader in the electrical, energy and automation markets, with products such as transformers, switchgear and power automation systems. In the 2013 World Top 500 ranking, ABB Group ranked 268th.