GE Current Buys Daintree Networks to Build Out Open Solution for IoT Networking

GE Current Buys Daintree Networks to Build Out Open Solution for IoT Networking

General Electric’s fairly new Current business unit scored a major acquisition in Daintree Networks, a provider of open-standard building control solutions for commercial facilities. GE said the acquisition will enable Current to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities through the deployment of Daintree’s open, standards-based wireless control systems.

Today, 90% of the world’s small- to mid-

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