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ABB Ltd Acquires Aps Technology Group
ABB Ltd announced that it will acquire San Diego-based APS Technology Group (APS) to add 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, product offerings or marketing efforts are planned. Terms of the deal were not disclosed.
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