General Electric (GE) to Acquire Majority Stake in Concept Laser GmbH for $599M
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NEC Corp. to Deploy GE Digital's (GE) Cloud-Based Predix Operating System
October 27, 2016 7:28 AM EDTGE Digital (NYSE: GE) and NEC Corporation announced that NEC Corporation is deploying GEs Predix, the worlds first cloud-based operating system for the Industrial Internet, as part of the companys global supply chain improvement project. Through its use of the Predix platform, NEC will optimize its supply chain and factory operations, with the intent to achieve a substantial reduction in operational costs.
Predix powers the modern digital industrial businesses that drive the global economy. Predix-based applications connect industrial assets, collect and analyze data and deliver real-time insights for optimizing industrial... More
GE (GE) Boosts Tender Offer for Arcam; Acceptance Period Extended
October 27, 2016 6:23 AM EDTGE (NYSE: GE) announced that it has changed the terms of its tender offer for all of the outstanding shares of Arcam AB of Sweden, and has extended the acceptance period through 5 p.m. CET on November 10.
GE has increased the... More
