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General Electric Announces New Acquisition
October 13, 2010

As part of its ongoing effort to expand the company’s product offerings in the gas and other energy markets, General Electric Company (GE) has announced the completion of a deal to purchase Austin, Texas based Dresser Inc. The approximately $3 billion deal will provide GE with access to Dresser’s infrastructure products and services for the energy industry which include technology for gas engines, control systems for gas and fuel distribution, measurement, as well as control and relief valves.

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