in News Departments > FYI
print the content item

GE Energy has agreed to acquire Dallas-based MapFrame, a provider of mobile mapping and field automation technologies, with the goal of expanding its smart grid portfolio of utility transmission and distribution offerings.

GE Energy and MapFrame shareholders have signed a purchase agreement authorizing the acquisition. Subject to customary closing conditions, the acquisition is expected to close at the end of June. MapFrame serves nearly 30 major utilities throughout North America, with 35,000 end users.

GE's smart grid offerings are designed to help utilities increase productivity and reliability, while also providing consumers with the information to better manage their electricity use and expenses.

"Adding MapFrame's experience and expertise to our portfolio further expands our capabilities to work with a number of technology platforms, enhancing our ability to support projects across a broad range of applications," says Bob Gilligan, general manager of GE's transmission and distribution business.

SOURCE: GE Energy


Trachte Inc._id1770
Latest Top Stories

Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.

Renewable NRG_id1934