GE Inspection Technologies Finalizes Acquisition of Phoenix X-ray
Posted: 2007-11-7
Oct 26, 2007 -- GE Inspection Technologies, a unit of General Electric Company, announced that it has completed the acquisition of Phoenix X-ray, a provider of high-resolution computed tomography (CT) / X-ray technology used in non-destructive testing (NDT) applications.
The transaction, terms of which are not being disclosed, was completed upon receipt of required regulatory approvals.
The acquisition broadens GE's offerings for NDT customers in various industries, including aerospace, power generation, oil & gas and automotive, by adding Phoenix X-ray's 3D CT, micro- and nano-technology systems to GE Inspection Technologies' current X-ray and NDT portfolio. In addition, Phoenix X-ray's customers in both the industrial and microelectronics segment will benefit from GE's global presence, technology depth and broad range of NDT products, systems and services.
"Phoenix X-ray is a natural expansion of our Inspection business," said Caroline Reda, President & CEO of GE Inspection Technologies. "Phoenix X-ray has a strong reputation in the non-destructive testing and will enhance GE's technology capabilities in X-ray testing machines. Adding CT capability to the product line is consistent with our mission to provide customers with a broad portfolio of high-tech and valuable non-destructive testing solutions."
The transaction, terms of which are not being disclosed, was completed upon receipt of required regulatory approvals.
The acquisition broadens GE's offerings for NDT customers in various industries, including aerospace, power generation, oil & gas and automotive, by adding Phoenix X-ray's 3D CT, micro- and nano-technology systems to GE Inspection Technologies' current X-ray and NDT portfolio. In addition, Phoenix X-ray's customers in both the industrial and microelectronics segment will benefit from GE's global presence, technology depth and broad range of NDT products, systems and services.
"Phoenix X-ray is a natural expansion of our Inspection business," said Caroline Reda, President & CEO of GE Inspection Technologies. "Phoenix X-ray has a strong reputation in the non-destructive testing and will enhance GE's technology capabilities in X-ray testing machines. Adding CT capability to the product line is consistent with our mission to provide customers with a broad portfolio of high-tech and valuable non-destructive testing solutions."
