GE to Acquire phoenix|x-ray

July 31st, 2007

GE Inspection Technologies has signed a definitive agreement to acquire phoenix|x-ray, which manufactures high-resolution computed tomography (CT) / X-Ray technology used in non-destructive testing (NDT) applications. The transaction, terms of which are not being disclosed, will be completed upon receipt of regulatory approvals.

The acquisition will broaden GE’s offerings for NDT customers in various industries, including aerospace, power generation, oil & gas and automotive, by adding phoenix|x-ray’s innovative 3D CT, micro- and nano-technology systems to GE Inspection Technologies’ current X-Ray and non-destructive testing 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.

Entry Filed under: Business News, Inspection/Vision Sytems