Aug 22 2007
GE Inspection Technologies has signed a definitive agreement to acquire phoenix|x-ray, a leader in high-resolution computed tomography (CT) / X-ray technology used in non-destructive testing (NDT) applications. The transaction will be completed upon receipt of regulatory approvals. Terms of the deal were not disclosed.
GE Inspection Technologies’ acquisition of phoenix|x-ray broadens GE’s non-destructive testing offerings, adding innovative 3D computed tomography, micro- and nano-technology systems to GE Inspection Technologies’ current non-destructive testing portfolio. This expanded technology suite will serve a wide variety of GE’s customers in the aerospace, power generation, oil & gas, automotive, industrial and microelectronics industries.
"Phoenix|x-ray has a strong reputation in the non-destructive testing world and is a highly complementary addition to GE Inspection Technologies’ X-ray product line," said Caroline Reda, President & CEO of GE Inspection Technologies. "The acquisition will enhance GE’s technology in X-ray testing machines, adding CT capability that has a much finer resolution than our current GE technology. This resolution capability for metal and composite imaging is integral to our mission to provide customers with a broad portfolio of high-tech and valuable non-destructive testing solutions."
Posted 22nd August 2007