Based on the passive acoustic hydrophone technology, Naxys develops and supplies leak detection and condition monitoring sensors. The sensing elements are designed to detect even the extremely sensitive and accurate measurements of subsea acoustics.

The products of Naxys will help operators monitor the integrity of their subsea installations.

GE Energy vice president and GE Measurement & Control president and CEO Brian Palmer said Naxys has developed sensor expertise and technology through its commitment to innovation.

"By combining talent and know-how, we are developing a strategy that will capitalize on both companies’ existing expertise," Palmer added.

Naxys CEO Jens Abrahamsen said the acquisition will extend GE’s reach into the subsea space for energy customers.

"While very different in scale, these two companies both bring outstanding innovation to bear," Abrahamsen added.

Naxys after the acquisition will be a part of GE’s Measurement & Control business.

Norway based Naxys provides subsea leak detection and condition monitoring sensors based on passive acoustic technology.