ABB buys container port technology provider

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Tuesday, February 12, 2013

The power and automation technology company ABB has acquired APS Technology Group (APS), a San Diego-based company that develops and markets solutions for the port industry. The acquisition is aimed at expanding ABB’s crane system portfolio to the container terminal market. The transaction is expected to close in the first quarter of 2013. APS supplies vision-based automation solutions that identify containers, trucks, rail equipment, and other transport assets for po...

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