GE Buys U.K. Metering Company

By Atlanta Business Chronicle

GE bought London-based Remote Energy Monitoring Ltd. for an undisclosed amount.

Remote Energy Monitoringâ¿¿s software and hardware technologies allow consumers and utilities to better monitor and manage their energy usage. GE (NYSE: GE) said the acquisition helps it meet the European Unionâ¿¿s goals for a lower-emission, higher efficiency energy infrastructure.

GE Energy, GEâ¿¿s energy division, is based in Atlanta.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/atlanta/news/2011/01/11/ge-buys-uk-metering-company.html?ana=thestreet

Copyright bizjournals.com 2010

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