EU Approves United Technology Acquisition of GE Security Unit

The European Union has approved the acquisition of General Electric's security business by United Technologies. The deal, estimated at $1.82 billion, was announced back in November and is part of a larger restructuring at GE. The deal includes Edwards ...
Feb. 22, 2010

The European Union has approved the acquisition of General Electric's security business by United Technologies. The deal, estimated at $1.82 billion, was announced back in November and is part of a larger restructuring at GE. The deal includes Edwards System Technology, a maker of fire detection equipment, which GE bought from SPX in 2004.

About the Author

Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.