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Jul 30, 2015

Grainger Agrees to Acquire British MRO Distributor Cromwell

MRO distribution giant W.W. Grainger, Chicago, has a definitive agreement to acquire Cromwell Group (Holdings) Limited, together with its subsidiaries, for £310 million, (approximately $482 million) in cash....More
Jul 24, 2015

European Commission expected to approve GE bid to buy Alstom

GE expects its plan to acquire Alstom to pass muster with the European Commission and that the deal could close as early as mid-September....More
Jul 24, 2015

Hackers attack Grainger but fail to get any banking or credit card data

Grainger says it hasn’t uncovered any evidence at this stage that any banking information or credit/debit card information has been compromised by this incident....More
Jul 24, 2015
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Electrical Marketing

The Marketplace: Key Figures - July 24, 2015 - Electrical Marketing  

Jul 24, 2015

Sensity Closes $36 Million Private Funding Round to Fuel Expansion

Sensity Systems Inc., Sunnyvale, Calif., a developer of the Light Sensory Networks (LSNs) that use internet protocol nodes in lighting fixtures to integrate lighting with control, security, audio and other communications systems, has closed a private funding round of $36 million led by Cisco Investments and includes industry leaders Acuity Brands, GE Ventures and Simon Venture Group (corporate investment arm of Simon Property Group)....More
Jul 22, 2015

Tesla Tweaks its Lithium-Ion Batteries

Tesla increases the range of its electric vehicles....More
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