GE to acquire Naxys, supplier of leak detection & condition monitoring sensors for subsea applications. Naxys, is a Norway-based provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology. The acquisition, which is subject to regulatory approval and other customary closing conditions, further expands GE’s monitoring and sensing solutions and will be part of the company’s Measurement & Control business. This deal is another step towards a stronger GE presence in Norway. “Through its commitment to innovation, Naxys has developed world-class sensor expertise and technology that fits well with GE’s culture and capabilities,” said Brian Palmer, president and CEO of GE Measurement & Control and vice president of GE Energy.