GE Adds to Manufacturing Capabilities With $1.4 Billion Purchase of Arcam and SLM Solutions
Wide-moat GE announced the acquisition of two European additive manufacturers, Arcam and SLM Solutions, for a combined purchase price of $1.4 billion; however, with no change to earnings guidance through 2018 and greater industrialization of the technologies still years away, we do not intend to change our $30 per share fair value estimate based on this news. Arcam and SLM bring advanced micro-welding technology in-house, giving GE the ability to produce industrial 3D printers that utilize metal...General Electric is a technology industrial company. The company's segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which engineers and manufactures energy equipment and projects, grid solutions and digital services; Aviation, which designs and produces commercial and military aircraft engines, digital components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies; and Capital, which provides financial products and services that build on the company's industry capabilities in aviation, power, renewables, healthcare and other activities.
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