ABB will acquire APS Technology Group (APS), a San Diego, California-based company that develops and markets solutions for the port industry. The acquisition will expand ABB’s crane system portfolio to the container terminal market. The transaction is expected to close in the first quarter of 2013.
Established in 2002, APS employs approximately fifty people in its headquarters in San Diego, California, and its office in Long Beach, California. APS is a leading global supplier of vision based automation solutions that identify containers, trucks, rail equipment, and other transport assets for ports and intermodal container facilities. These systems help container terminals, port authorities and shipping lines to streamline their operations by automating manual processes within gate, vessel, rail and yard operations.
This addition will help ABB to expand its crane systems portfolio for the container terminal and adjacent supply chain markets. APS will join ABB’s Process Automation division.
Image courtesy of Gesine Kuhlmann, rgbstock.com
