GE and Fanuc split up, splinter market

摘要

While military and aerospace venues are often rife with mergers and acquisitions, much less commonplace are dissolutions of ventures like the one GE and Fanuc recently announced. Accordingly, the GE Fanuc Automation Corporation, established in 1986 by the two companies, is expected to be dissolved by the end of 2009. Going to their separate corners, GE - presently called "GE Fanuc Intelligent Platforms" but soon to be just "GE Intelligent Platforms" - is expected to retain embedded systems, services, automation and enterprise software, and control systems businesses; meanwhile, Fanuc focuses on the worldwide CNC business.