ABB Closes Acquisition of APS Technology Group

Press Release
Monday, March 04, 2013

Adds Optical Character Recognition (OCR) and Gate Automation to its Crane and Harbor systems portfolio.


ABB completed its acquisition of San Diego-based APS Technology Group (APS).  The acquisition adds optical character recognition (OCR) and gate automation capabilities to further improve safety, productivity and efficiency of port operations as containerized shipping grows worldwide.


APS, an 11-year-old, 50-person company with offices in San Diego and Long Beach, Calif., will join ABB’s Crane and Harbor automation business. No major changes to staffing and product offerings are planned. Terms of the deal were not disclosed.



 

Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

EFC Group Launches Next Phase of NE Scotland Expansion

EFC Group, a designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, announced the launch of a new manufacturing plant in Moray.

WSS’s Liferaft Rental Program "Convenient and Cost Efficient"

Iino Marine Service, a ship management company in Japan, has been a customer of the Liferaft Rental and Exchange program (LRE) since 2010. Mr. Araki, Director of Iino Marine Service said,

SOR Founder Roy R. Dunlap Passed Away Aged 90

Roy Dunlap invented a mechanical  pressure switch that prevented oil tanks from overflowing and founded SOR Inc. SOR® founder Roy Dunlap leveraged the static-o-ring

News

Maersk Transpacific 7 Service Arrives to Miami

Maersk Line, the global containerized division of the A.P. Moller – Maersk Group, added PortMiami to its Transpacific 7 (TP7) Service.   The first call for the

ICS Presents Shipping Economic Challenges to World Ministers

At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's transport ministers from more than 50 countries (May 22-24),

U.S. Steel Imports Up from March, Down for 2013

The U.S. Census Bureau announced that preliminary April steel imports were $2.5 billion (2.4 million metric tons) compared to the preliminary March totals of $2.

Mergers & Acquisitions

Palfinger Ned-Deck Branded Under One Name

Since the integration of Ned-Deck Marine into the Palfinger Group in 2010, the Business Area Palfinger Marine said it has strengthened its position as a deck equipment supplier in the maritime,

Harkand Set to Acquire Veolia Marine Services

Harkand, the international subsea inspection, repair, maintenance and light construction group, announced an agreement to acquire the main assets and business of Veolia Marine Services (VMS).

MHI Acquires Pratt & Whitney Power Systems

Mitsubishi Heavy Industries, Ltd. (MHI) completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W),

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright