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Turkey’s First Digital Power Plant Powered by GE & GAMA Energy

ISTANBUL- GE (NYSE: GE) and Gama Energy (Gama) signed an agreement to operate the first digital power plant in Turkey. This deal marks the first use of industrial cloud software applications in a power plant in Turkey to improve efficiency and productivity. GE will install GAMA’s 840 megawatt İç Anadolu Natural Gas Combined Cycle Power […]

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GE Ventures and Samsung Electro-Mechanics Announce Global Microelectronics Packaging Patent Agreement

NISKAYUNA, NY and SUWON, KOREA – GE Ventures and Samsung Electro-Mechanics (SEMCO), a world leader in electronic components, announced today a multi-year, worldwide patent license agreement. With this partnership, SEMCO will license GE microelectronics packaging patent portfolio, covering the fabrication of substrates embedded with electronic circuits. Developed by GE Global Research and Imbera Electronics Oy […]

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Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions

SCHENECTADY, N.Y.—— GE (NYSE: GE) today announced a collaboration with Power Costs, Inc. (PCI), a privately-owned independent software company, to connect plant asset and operational generation data from GE’s Digital Power Plant solutions with PCI’s energy planning and trading tools for more accurate and profitable energy trading and scheduling. GE will offer PCI’s suite of […]

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Honeywell’s Smart Grid Technology To Help Minnesota’s Largest Electric Cooperative Manage Energy Consumption

MINNEAPOLIS, – Honeywell (NYSE: HON) announced a $15 million smart grid project with Connexus Energy, Minnesota’s largest customer-owned electric cooperative, to deploy advanced smart grid technology to improve electricity service and reliability, and help the utility’s 130,000 members better manage their energy consumption. Under the project, Honeywell will install more than 138,000 of its EnergyAxis® […]

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HP Inc. Accelerates Disruption of $55B Copier Segment with Acquisition of Samsung Electronics Co., Ltd.’s Printer Business

Palo Alto, Calif., and Suwon, South Korea, — HP Inc. (NYSE: HPQ), the world leader in printing, today announced a definitive agreement to acquire Samsung Electronics Co., Ltd.’s (005930.KS) printer business in a deal valued at $1.05 billion. The acquisition positions HP to disrupt and reinvent the $55 billion copier industry, a segment that hasn’t […]

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Measuring Power Protection Every Moment of the Rio 2016 Olympic Games

ATLANTA — The records of this year’s Rio 2016 Olympic Games will be measured by how fast, how high or how long, with the difference between a Gold medal and a Silver medal often marked in fractions of seconds or inches. GE (NYSE: GE) is using its own set of metrics — sometimes measured in […]

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PG&E and SolarCity Collaborate on Distributed Energy Resource Projects

SAN MATEO, Calif. – SolarCity (NASDAQ: SCTY), best known as the nation’s number one provider of rooftop solar to consumers and businesses, today announced a collaboration with Pacific Gas and Electric Company (PG&E) to demonstrate how the coordinated use of solar smart inverters and behind the meter energy storage could provide enhanced benefits to the […]

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Going Beyond Analog: GE Healthcare Launches Digital, Next-Generation Molecular Imaging Systems That Can Help Clinicians Advance Quantitative Care and Research

San Diego, CA – GE Healthcare (NYSE:GE) showcased new molecular imaging technologies at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2016 that will enable clinicians to deliver personalized, quantitative results to patients. The Discovery MI system and Discovery NM/CT 670 CZT will help clinicians guide treatment, support patients with sensitive care and create […]

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GE & Shinko Electric Industries to Commercialize Advanced Electronics Packaging Solution

NISKAYUNA, NY & NAGANO, JAPAN – Today, GE Ventures and SHINKO ELECTRIC INDUSTRIES CO., LTD. (SHINKO) announced that SHINKO has been granted a patent license and technology transfer of an advanced embedded packaging solution for power electronics called Power Overlay (POL).This patent license and technology transfer deal, signed in early 2015, is a strategic collaboration […]

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Lexmark agrees to be acquired by Apex Technology and PAG Asia Capital

LEXINGTON, Ky., Lexmark International, Inc. today announced that it has entered into a definitive merger agreement with a consortium of investors led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG), under which Lexmark will be acquired for $40.50 per share in an all-cash transaction with an enterprise value of approximately $3.6 billion, […]

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