GE makes acquisition

GE Energy has acquired Kelman Limited of Lisburn, Northern Ireland, a provider of advanced monitoring and diagnostics technologies for transformers, enhancing GE's smart grid product portfolio.

GE's smart grid offerings are designed to help utilities increase productivity and reliability, while also providing consumers with information to better manage their electricity use and expenses. Integrating real-time data and information management systems, grid intelligence solutions help utilities optimize their operations and extend the life of their equipment.

"With its outstanding industry knowledge and proven technology, Kelman is an excellent fit with our overall smart grid initiative," said Bob Gilligan, vice president of GE Energy's transmission and distribution business. "Adding Kelman's innovative transformer monitoring and diagnostics capabilities will benefit our customers and allow us to serve a broader base of users."

With the acquisition completed, Kelman's employees are now part of GE's transmission and distribution operations.

"This acquisition is good news for all of our customers," said John Cunningham, managing director, Kelman, Ltd. "GE is a company with numerous strengths, including its technology and research and development. The company's commitment to invest in people and products will greatly increase Kelman's capability to bring quality products to our customers around the world."