GE Inspection Technologies to acquire phoenix|x-ray
31.07.2007 -
Billerica, Mass. — 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, 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 CT, micro- and nanofocus X-Ray 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.
“GE is one of the leading suppliers of inspection technology in the world”, said Helmut Appelt, CEO of phoenix|x-ray. “Especially through its global distribution network this partner will allow us to grow the business even further.”
GE Inspection Technologies is a leading innovator in technology-driven inspection solutions that deliver productivity, quality and safety to its customers. The company designs, manufactures and services radiographic, ultrasonic, remote visual inspection and eddy current equipment to inspect, monitor and test materials and equipment without disassembly, deforming or damaging them. Its products are used in a wide range of industries, including Aerospace, Power Generation, Oil & Gas, Process and Automotive. The company has 11 application centers around the globe and offers a range of services including repair, on-site RVI inspection services, calibration, training and upgrades. GE Inspection Technologies has 1,300 employees at more than 25 facilities in 25 countries worldwide. To learn more about GE Inspection Technologies visit
www.ge.com/inspectiontechnologies
About phoenix|x-ray:
phoenix|x-ray is a manufacturer of high-resolution 2D X-ray inspection systems and 3D computed tomography systems for non-destructive testing. Since its inception in 1999, phoenix|x-ray has grown to employ a global staff of more than 100 employees. The company’s headquarters, including production, research and development, are located in Wunstorf, Germany, near the town of Hannover. Additional application and service centers are located in Stuttgart, Munich, St. Petersburg (USA) and Manila (Philippines). In 2006, phoenix|x-ray enjoyed an annual turnover of 32,5 million EUR, thereby further consolidating its position as market leader in the field of non-destructive testing with high-resolution X-ray technology.
Media Contact
Helmut Appelt
phoenix|x-ray Systems + Services GmbH
+49 5031 172 130
happelt@phoenix-xray.com
