Atlanta, May 24, 2011 — GE intends to acquire Ireland-based FMC-Tech, a provider of real-time power line monitoring to accelerate the commercialization of power grid technology.
FMC-Tech solutions are a key component of a utility's distribution automation system that provide information on locating faults, providing dynamic line ratings and help manage maintenance and repair crews.
The system is designed to easily integrate with supervisory control and data acquisition (SCADA), energy management systems (EMS) and demand management systems (DMS)/outage management systems (OMS).
FMC-Tech will become part of GE Energy Services' Digital Energy Smart Substation business, led by Juan Macias. All employees will remain in Shannon, Ireland.
The acquisition is slated for completion in July.