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...
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