PS Technology (UNP) Acquires the Yard Control Systems Division of Ansaldo STS USA

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PS Technology (PST), a wholly owned subsidiary of Union Pacific Corporation (NYSE: UNP), has acquired the Yard Control Systems division of Ansaldo STS USA. The acquisition boosts PST's robust enterprise management capabilities by adding rail yard process control and automation solutions. Based in Norristown, Pa., Yard Control Systems is one of the leading railroad classification yard automation and control systems providers in North America.

Terms of the transaction were not disclosed.

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