Monday, September 12, 2016

GE acquires two large 3D Printing Equipment Manufacturers

Article now up on seekingalpha.com:

GE's acquisition of 3-D printers: The latest move on its path to digital transformation

General Electric (NYSE:GE) announced on Sept. 6, 2016, its acquisition of Swedish company Arcam and German company SLM Solutions at a cost of $1.4 billion. The companies are 3-D printing machine manufacturers that produce machines capable of 3-D printing. The acquisitions are the latest move by GE into additive manufacturing technology, and it comes as GE is working to transform itself as a digital industrial company.

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