GE’s Current Sets Its Sights on Commercial Building Automation Market

by Adarsh Krishnan | 2Q 2016 | IN-4111

Within six months of its creation, GE’s Current has announced the acquisition of California-headquartered building automation firm Daintree Networks. General Electric formed in November 2015 as a software-enabled energy solutions company aimed at delivering energy efficiency systems. Part of GE CEO and Chairman Jeff Immelt’s ambitions for GE is to be a leading IoT platform player and a top-ten software vendor by 2020.

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