GE Acquires Commtest, Enhances Bently Nevada Condition Monitoring Portfolio
New Products for Portable Data Collection, Vibration Analysis Push Leader in Critical Asset Monitoring to Next Level, Create Integrated Plant Wide Solution
MINDEN, NEV. —August 19, 2011—Today, GE (NYSE: GE) announced the acquisition of Commtest, a provider and designer of machinery health information systems. GE Energy’s Bently Nevada product line, a global leader in condition monitoring, will incorporate Commtest products into its portfolio and enhance an already robust lineup. Bently Nevada provides machinery protection and condition monitoring for refineries, petrochemical plants, power plants and wind farms. With more than 50 years of experience, Bently Nevada has built a reputation for improving the reliability and performance of critical production assets like turbines, compressors, motors and generators.
As a major component of predictive maintenance, condition monitoring is essential to increase asset longevity. Through condition monitoring, plant managers constantly receive data that provides input about the health of their machinery. For example, by knowing the vibration behavior and temperature of certain assets, managers can make strategic decisions about preventative maintenance to avoid asset fatigue, breakdown and failure. This is especially critical in the oil and gas and power industries where failed assets potentially cost hundreds of thousands of dollars a day in lost production revenue and increased operating and maintenance costs.
“The acquisition of Commtest allows us to significantly upgrade our portable vibration data collection and analysis capabilities,” explained Art Eunson, general manager for GE’s Bently Nevada product line. “Bently has an extensive portfolio of continuous monitoring solutions, sensors and transducers, software and supporting diagnostic instillation services, but the Commtest acquisition will help us bring our customers a more integrated offering that takes into account the health of the entire plant.”
Commtest is based in Christchurch, New Zealand, and primarily focuses on producing vibration analysis and monitoring equipment. Vibration analysis detects early signs of impending machine failure so managers can proactively direct repairs and make replacements before they encounter expensive failures. The vbSeries are an improvement over traditional, portable walk-around routines. They offer ease-of-use, cost-effectiveness and up-to-the-minute data collection. The acquisition of Commtest—the latest example of how GE provides end-to-end offerings—provides GE customers the benefits of highly reliable and accurate machinery condition monitoring for the total plant.
“With any acquisition, we look for companies and products that have a natural fit and will enhance the solutions we are currently offering,” Eunson noted. “The vibration and monitoring equipment provided by Commtest elevates the Bently offering.”
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together with more than 90,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.