FMC-Tech
Company

Last deal

Amount

Undisclosed

Stage

25.11.2010

Date

1

all rounds

date founded

Financing round

General

About Company
FMC-Tech is an Irish company that provides network management systems for medium voltage overhead electricity networks.

Industry

Sector :

Subsector :

Keywords :

founded date

01.08.2001

Number of employees

Company Type

For Profit

Last funding type

Undisclosed

IPO status

Private

Description

FMC-Tech has developed the Crystal SystemTM, a network management system that improves network performance, meets regulatory demands, and reduces costs. The system allows utilities to monitor power lines in real time, providing real-time information on power outages and available capacity. In May 2011, FMC-Tech was acquired by General Electric and integrated into GE's Energy Services digital energy smart substation division. The company aims to improve grid intelligence for utilities, enabling better decision-making and streamlined operations.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

GE

announced date

24.05.2011

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 25.11.2010. Their latest investor Enterprise Equity. Their latest round Undisclosed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
25.11.2010
3
Co-Investors
Investors
3
0

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
No
Undisclosed
No
Undisclosed
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Activity

Recent News
0