GE Acquires Two Additive Manufacturing Firms for $1.4B - Energy Watch News


GE Acquires Two Additive Manufacturing Firms for $1.4B

GE announced plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for $1.4 billion. Both companies will report into David Joyce, President & CEO of GE Aviation. Joyce will lead the growth of these businesses in the additive manufacturing equipment and services industry. In addition, he will lead the integration effort and the GE Store initiative to drive additive manufacturing applications across GE. Additive manufacturing (also called 3D printing) involves taking digital designs from computer aided design (CAD) software, and laying horizontal cross-sections to manufacture the part. http://www.tedmag.com/News/manufacturer-news/GE-Acquires-Two-Additive-Manufacturing-Firms-for-1-4B.aspx

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