Friday, December 27, 2024
spot_img
HomeNewsABB closes acquisition of APS Technology Group

ABB closes acquisition of APS Technology Group

The acquisition, announced February 11, 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, California, 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.

 

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular