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Thursday, June 12. 2008

GE Energy Acquires MapFrame

Geospatial Business

The press release appeared yesterday and reminds me that its been rather quiet on the acquisition front. The sale is expected to close at the end of the month. MapFrame, based in Dallas outfits more than field 35,000 workers at 30 major U.S. utilities. The company was founded in 1991 and currently has about 40 employees. GE's last geo-related acquisitions include Smallworld in 2000 and MJ Harden in 2003. GE sold MJ Harden, expect for the pipeline part, to GeoEye in 2007.

Posted by Adena Schutzberg in Geospatial Business at 07:14 | Comments (0) | Trackbacks (0) | Bookmark and Share

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