GE Vernova Inc. and Alteia SAS on July 21 announced that GE Vernova has agreed to acquire Alteia SAS.
Alteia is a France-based software company specializing in AI computer vision and machine learning, to bring visual intelligence into operations.
“The acquisition of Alteia is intended to further GE Vernova’s strategy to bolster AI capabilities and give utilities visual data solutions that provide situational intelligence and actionable insights,” the companies said.
GE Vernova’s GridOS® portfolio, within the Electrification Software business, helps utilities proactively plan for and operate the electric grid through disruptive events such as storms and wildfires that can impact the availability of reliable power to customers.
GE Vernova currently offers Alteia’s software to customers through its GridOS® Visual Intelligence, which uses visual data and AI-enabled workflows to help utilities “see” the grid and assess damage, identify where vegetation should be trimmed, and inspect key assets along thousands of miles of electrical lines.
Through this acquisition, GridOS Visual Intelligence will further integrate visual data and operational data from core systems, like Advanced Distribution Management Software, to take action on the data and help utilities "see and sense" the grid, providing an enhanced level of situational awareness.
"Continued advancements of the AI-workflows will build on the insights delivered to help utilities reduce the probability of catastrophic events and enhance resiliency with expedited damage assessments to rebuild and restore the grid," the companies said.
The financial terms of the acquisition are not being disclosed. The transaction is expected to close on August 1, 2025.
