AMAVF
Arcam ABOTCPK - Current
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  • Thu, Oct. 27, 3:49 AM
    • General Electric (NYSE:GE) will pay €549M for a 75% stake in Concept Laser GmbH, after its plan to acquire another German 3-D printing company, SLM Solutions (OTC:SLGRF), fell through earlier this week. It also raised its bid for Arcam (OTCPK:AMAVF) AB to $696M.
    • GE and its competitors have begun to invest seriously in additive manufacturing, which produces parts with less work than traditional production methods, generates less scrap material and expands design possibilities.
    | Thu, Oct. 27, 3:49 AM | 7 Comments
  • Tue, Sep. 6, 4:03 AM
    • General Electric (NYSE:GE) has agreed to acquire two European 3-D printing companies for a combined $1.4B, tapping into manufacturers' growing demand for digital technologies.
    • Both Arcam (OTCPK:AMAVF) and SLM Solutions (OTC:SLGRF) make machines that can print metal parts used in aircraft components such as turbines.
    • 3-D printing "will drive new levels of productivity for GE including a wide array of additive manufacturing customers, and for the industrial world," CEO Jeff Immelt said in a statement.
    | Tue, Sep. 6, 4:03 AM | 20 Comments