Sale to Industrial
Naxys sold to GE
GE (NYSE:GE) announced on 10 August 2012 that it has entered into an agreement to acquire Naxys

Expand subsea offering

Naxys is a world leading subsea monitoring company with unique products for leak detection and condition monitoring based on proprietary, passive acoustic hydrophone technology. The company has proven products with an installed base monitoring 132 well heads for large oil companies such as Statoil, BP, Total and ENI. Naxys is based in Bergen, Norway and has 31 employees.

Naxys was owned by HitecVision, Converto Capital Management and the management

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