ABB to acquire APS Technology Group; terms not disclosed ABB will acquire San Diego-based APS Technology Group to add optical character recognition and gate automation capabilities to further improve safety, productivity and efficiency of port operations as containerized shipping grows worldwide. No major changes to staffing, product offerings or marketing efforts are planned. Terms of the deal were not disclosed.
House Energy & Commerce Committee to hold a hearing The Energy & Power Subcommittee holds a hearing entitled, "Discussion Draft Addressing Energy Reliability and Security" with Director Bardee of FERC, President & CEO Fanning of Southern Company, Executive Vice President Dominguez of Exelon Corp., and Vice President Heitman of ABB, Inc. on May 19 at 10 am. Webcast Link