GE Infrastructure Completes Edwards Takeover

General Electric Co. said its GE Infrastructure unit completed its purchase of Edwards Systems Technology, the fire detection systems unit of SPX Corp.

“GE Infrastructure is rapidly becoming the premier security provider, and acquiring Edwards positions us as a leader in the $5 billion fire detection and life safety segment,” said Bill Woodburn, president and CEO of GE Infrastructure. “By combining Edwards’ technology and channel strength with the broader security offering of GE, we can now offer an integrated facility management solution.”

GE Infrastructure, based in Wilton, Conn., expects to generate “significant revenue and cost synergies” from the transaction.