GE acquires Naxys

Offshore staff

BOSTON – GE (NYSE: GE) has entered into an agreement to acquire Naxys, a provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology. The acquisition will be part of the company’s Measurement & Control business.

The addition of Naxys will expand GE’s sensing and condition monitoring offerings and extend its reach into the subsea sector.

Headquartered in Bergen, Norway, Naxys employs 31 people. The company develops and supplies leak detection and condition monitoring sensors based on proprietary, passive acoustic hydrophone technology. The design of the sensing element enables sensitive and accurate measurement of subsea acoustics.

8/10/2012

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