Comment on GE ups its digital game, snaring two 3-D printing companies

GE ups its digital game, snaring two 3-D printing companies

[...] it's upping its old-school manufacturing capabilities with technology that will allow it to quickly punch out components for the automotive, airline and health industries at the whim of any client. Last February, in a letter to shareholders, GE Chairman and CEO Jeffrey Immelt promised an earnings boost and payout to shareholders while detailing his vision of a more nimble, technology-based company. Analyst Kenneth Wong at Citi noted that GE paid a premium of about 36 percent for SLM Solutions and more than 53 percent for Arcam and investors took note, boosting shares of other 3-D printing companies.

 

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