General Electric puts its faith in 3D printing with two European acquisitions
General Electric has given the stamp of approval to the future of 3D printing by simultaneously announcing the purchase of two companies focused on producing the printers.
The American conglomerate has made serious inroads in Europe with a combined $1.4bn purchase of Sweden-based Arcam AB and Germany’s SLM Solutions Group as it looks to reposition itself as a “digital industrial company.
The move is thought to bring GE’s overall production costs down with it now greatly extending its ability to inexpensively produce components. Both companies are involved in additive manufacturing, the laser-based production of metal components that can be used Read full story ›
Source: The Drum
