ABB Closes Acquisition of APS Technology Group
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.