UPDATE: GE Energy Eyes Partners, Buys For Smart Grid Business

AUGUST 23, 2010, 12:36 P.M. ET

PARIS (Dow Jones)--General Electric Co.'s (GE) energy division is studying potential partnerships to give it a greater range in the smart grid business and is also on the lookout for acquisition targets in that fast-growing field, a company executive said Monday.

"From our point of view, if it's something we don't have completely, we can either develop it or we can partner with somebody," John D. McDonald, director of technical strategy and policy development at GE's Digital Energy division told ...