GE, Harris Team: General Electric Power Systems, Fairfield, Conn., and Harris Corp., Melbourne, Fla., are teaming to provide digitally based, intelligent energy management systems and services to electric utilities and industrial users that automate and integrate power systems for optimal efficiency.
The joint venture, named GE Harris Energy Systems, will design, manufacture and market computer control centers and other electronics that help utilities identify cost-effective methods of dispatching power, monitor power quality, simulate outages and recommend timely actions to optimize operations.
GE Harris Energy Systems will be based in Melbourne, with some operations in Calgary, Canada. GE will hold 51 percent of the company's ownership, and an estimated 650 employees from both companies will be involved with product development.
HP, Oracle Step Up Efforts: Oracle Corp., Redwood Shores, Calif., and Hewlett-Packard Co., Palo Alto, Calif., are increasing joint technology development and integration efforts.
The companies are working on an open, networked computing environment targeted for Intel's future 64-bit processor family.
The two companies are hoping this relationship will result in mission-critical solutions capable of performing billions of transactions per week supporting the needs of global, networked enterprises. The product will be built around Oracle's advanced parallel database technology and should enable HP systems to deliver a higher level of performance and capacity.
The team effort is expected to produce a 64-bit Unix system application environment using next- generation Unix system technology.
Sanders Wins DARPA Contract: Sanders, Nashua, N.H., a Lockheed Martin Corp. company, was selected by the Defense Advanced Research Projects Agency to develop a more powerful computing system with reconfigurable modules.
The $6.9 million contract was awarded to develop and demonstrate a Context Switching Reconfigurable Computing system that will perform multiple computations simultaneously at high speeds.
Raytheon Buys Hughes: Raytheon Co., Lexington, Mass., last week purchased Hughes Aircraft Co., Los Angeles, for $9.5 billion. Northrop Grumman Corp., Los Angeles, had also been involved in the bidding for the defense and missile systems company.
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