The company appointed Steve Harris as its new Chief Executive Officer, succeeding interim CEO Bill Tolley on May 30, 2023.
[3] On April 21, 2016, Current acquired the building automation company Daintree Networks for $77 million.
The plan is to combine Daintree's open-standard wireless network with GE's open source platform Predix to offer a new energy management system to businesses.
[4] On 6 November 2018, GE announced that it would sell Current to the US private equity firm American Industrial Partners.
[9] Current announced working with seven global companies, including Hilton, Simon Properties, and the City of San Diego.