The transaction is expected to close in the first quarter of 2013, with APS joining ABB’s Process Automation division.
Established in 2002, 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. The company employs approximately 50 full-time people in its headquarters in San Diego and its office in Long Beach.
“The acquisition of APS is an important milestone for us to expand our terminal automation offering and provide our customers with added-value integrated solutions,” said Heikki Soljama, head of ABB’s Marine and Cranes business unit. “This acquisition is a good strategic fit for our existing solution portfolio and will further strengthen our product portfolio”.
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