Asian sensing company latest target of GE
June 26, 2003
PLAINVILLE, Conn. - In its second acquisition this month, through its Industrial Systems Division, GE has agreed to buy Kampro Technology, a Taipei, Taiwan-based maker of image sensing technologies and plans to incorporate the company's products into GE's surveillance offerings, GE security officials said Wednesday.
The privately held company, whose portfolio includes ultra-low light, ultra-high sensitive, high-resolution and harsh environment technologies, has been a supplier to GE for many years, GE officials said. Although Kampro will become a subsidiary of General Electric International, the company's operations will report to GE Interlogix, the conglomerates security division.
"As part of GE, Kampro will be developing technologies that filter an incredibly wide variety of light conditions and can see tremendous details across one of the widest dynamic ranges in the world," said Kenneth Boyda, president and chief executive officer of GE Interlogix.
Kampro President Lanfer Yang said his company plans to build on its existing OEM customer relationships as part of GE.
In early June, GE officials announced that the company had completed its purchase of Monitoring Automation Systems, a provider of automation software.