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Cloud, data center growth drives GE’s $520M Lineage Power buy

January 13, 2011 by Pedro Hernandez Leave a Comment

GE is venturing into the green data center energy space by acquiring Plano, Texas-based Lineage Power for just over a cool half-billion dollars. Citing growth in cloud and mobile computing — thanks, in part, to the 1.1 billion new smartphones the company expects to hop on wireless networks this year — GE’s Energy Services president and […]

Filed Under: Cloud Computing, Data Center Tagged With: Cloud Computing, Data Center, GE, green data center, Lineage Power, power distribution

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This work by Pedro Hernandez is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
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