GE Acquires PRESENS, Norway-Based Supplier of Industrial Sensors

Loading...
Loading...
GE
GE
today announced the acquisition of PRESENS, a provider of pressure, temperature and flow measurement solutions. The acquisition expands GE's portfolio of sensing solutions and will be part of the company's Measurement & Control business within GE Oil & Gas. This acquisition will enhance GE Oil & Gas's presence in Norway and will allow customers of both companies to benefit from an innovative and integrated technology offer. Headquartered in Oslo, Norway, PRESENS employs 36 people in total and provides high-performance sensors, specializing in high-pressure measurements and severe environments.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsM&A
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...