GE makes progress with 3D printing investments

|By:, SA News Editor

General Electric (GE +0.3%) has executed on its agreement to acquire a 75% stake in Germany's Concept Laser, allowing it to take full ownership over the next several years.

In addition, GE recently concluded its tender offer for the shares of Sweden's Arcam (OTCPK:AMAVF) and purchased 76.15% of the firm.

GE now has controlling shares of two important producers of additive manufacturing machines and technology, and has committed significant investments to enhance the portfolios of both companies.

Subscribe for full text news in your inbox