ABB Completes Acquisition of GE Industrial Solutions

2018-11-21T20:11:32+00:00September 3rd, 2018|News|

When navigating to the GE Industrial website, you may have noticed that the branding has officially changed from GE to ABB. This is due to ABB completing the acquisition of GE Industrial Solutions (GEIS) to ABB’s Electrification Products (EP) division as of July 2018. About the Acquisition The $2.6 billion transaction offers substantial value creation potential within ABB, including growth opportunities to be leveraged from coupling ABB’s digital offering, ABB Ability™, with the extensive GEIS [...]