M&A Deal Summary

GE Consumer & Industrial Acquires GE MDS

On January 5, 2007, GE Consumer & Industrial acquired technology hardware company GE MDS from Moseley Associates

Acquisition Highlights
  • This is GE Consumer & Industrial’s 1st transaction in the Technology Hardware sector.
  • This is GE Consumer & Industrial’s 1st transaction in the United States.
  • This is GE Consumer & Industrial’s 1st transaction in New York.

M&A Deal Summary

Date 2007-01-05
Target GE MDS
Sector Technology Hardware
Buyer(s) GE Consumer & Industrial
Sellers(s) Moseley Associates
Deal Type Divestiture

Target

GE MDS

Rochester, New York, United States
MDS is a provider of industrial, wireless, networking solutions with applications in the supervisory control and data acquisition (SCADA), automation, telecommunication, public safety, and online transactional market segments. The business designs and manufactures networked high-speed point-to-multipoint, and medium and low capacity point-to-point microwave radios for use in oil and gas, utility, traffic monitoring, public safety, and lottery industries.

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Buyer(S) 1

Buyer

GE Consumer & Industrial

Louisville, Kentucky, United States

Category Company
Founded 2004
Sector Consumer Products
DESCRIPTION

GE Consumer & Industrial is a provider of nnovative technologies to deliver comfort, convenience, and electrical protection and control in more than 150 countries.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-07 GE Medium-Voltage ANSI Switchgear Product Line

Houston, Texas, United States

GE Medium-Voltage ANSI Switchgear Product Line based in Houston, US.

Sell $32M

Seller(S) 1

SELLER

Moseley Associates

Santa Barbara, California, United States

Category Company
Sector Communications
DESCRIPTION

Moseley is an ISO 9001 company with offices in Santa Barbara, California; Richmond, Virginia; San Diego, California; and the U.K., France, and Egypt. Moseley and its wholly owned subsidiaries, Axxcelera Broadband Wireless and CarrierComm, offer wireless solutions from 9.6 kbps to 1 Gbps covering the 250 MHz to 38 GHz spectrum for both point-to-point and point-to-multipoint applications for the broadcast, carrier, broadband enterprise, and service provider marketplaces. Moseley uses proprietary technologies and owns more than 50 patents. The company has delivered more than a million radios deployed in over 120 countries.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-17 GE MDS

Rochester, New York, United States

MDS is a provider of industrial, wireless, networking solutions with applications in the supervisory control and data acquisition (SCADA), automation, telecommunication, public safety, and online transactional market segments. The business designs and manufactures networked high-speed point-to-multipoint, and medium and low capacity point-to-point microwave radios for use in oil and gas, utility, traffic monitoring, public safety, and lottery industries.

Buy $42M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-10 E-Band Communications

San Diego, California, United States

E-Band Communications specializes in 70/80 GHz, point-to-point backhaul solutions for high capacity networks, including macro-cell and small-cell backhaul solutions, and have been serving businesses and government agencies supporting radios in 3G/4G, LTE, mobile backhaul, military, and private networks.

Buy -