GE Security, Smiths Detection partner to offer Homeland protection
Jan 16, 2007 3:33 PM
Smiths Group plc and General Electric Co. have agreed to form Smiths GE Detection, which will combine Smiths Detection with GE Homeland Protection to create a global business serving the fast-growing detection and Homeland protection markets.
Smiths will own 64 percent and GE will own 36 percent of the company.
Smiths GE Detection will offer a range of technologies to deliver integrated solutions to meet the rapidly evolving requirements of governments and other customers globally. By combining each parent's technological capabilities and the research and innovation resources available at GE's Global Research Center, Smiths GE Detection will be positioned to deliver technologically advanced detection and Homeland protection equipment.
The board of the company will be chaired by Keith Butler-Wheelhouse, the chief executive of Smiths, and will consist of four Smiths and two GE representatives.
"Access to the substantial technology resources and research capabilities of GE will accelerate new product development and help our customers make the world a safer place," Butler-Wheelhouse says.
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© 2008 Penton Media Inc.
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