Aclara completes acquisition of GE’s electricity meters business

Aclara completed acquisition of GE Energy Management’s Grid Solutions subdivision. Terms of the transaction were not disclosed. The acquisition includes GE Meters’ global headquarters in Somersworth, New Hampshire, as well as facilities in Chicago and Bilbao, Spain. It also includes more than 300 employees in these locations as well as other employees located in North and South America, Asia and the United Kingdom. As part of the transaction, Aclara acquired an intellectual property portfolio of active patents and patent applications.


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