Replies to post #4357 on Arcam AB fka AMAVF

[charlie T colton]

The GE multi-page press release.

GE Plans to Invest $1.4B to Acquire Additive Manufacturing Companies Arcam and SLM; Accelerates Efforts in Important Digital Industrial Space

“Additive manufacturing is a key part of GE’s evolution into a digital industrial company. We are creating a more productive world with our innovative world-class machines, materials and software. We are poised to not only benefit from this movement as a customer, but spearhead it as a leading supplier,” said Jeff Immelt, Chairman and CEO of GE. “Additive manufacturing will drive new levels of productivity for GE, our customers, including a wide array of additive manufacturing customers, and for the industrial world.”

GE expects to grow the new additive business to $1 billion by 2020 at attractive returns and also expects $3-5 billion of product cost-out across the company over the next ten years.
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“We chose these two companies for a reason,” said Joyce. “We love the technologies and leadership of Arcam AB and SLM Solutions. They each bring two different, complementary additive technology modalities as individual anchors for a new GE additive equipment business to be plugged into GE’s resources and experience as leading practitioners of additive manufacturing. Over time, we plan to extend the line of additive manufacturing equipment and products.”
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Additive manufacturing (also called 3D printing) involves taking digital designs from computer aided design (CAD) software, and laying horizontal cross-sections to manufacture the part. Additive components are typically lighter and more durable than traditionally-manufactured parts because they require less welding and machining. Because additive parts are essentially “grown” from the ground up, they generate far less scrap material. Freed of traditional manufacturing restrictions, additive manufacturing dramatically expands the design possibilities for engineers. “Additive provides a new palette for engineers to create. Parts are also being designed in GE Power, Oil & Gas, Healthcare and across GE’s services businesses,” said Joyce. “We see value potential to reduce product cost and improve NPI spend. Ultimately, as we develop more productive machines, we can build additive manufacturing ‘as a service’ for our customers.”

[Tom Joad]

GE bought huge multinational company Alstom last November for about 10 billion. Although the disruptive potential of Arcam's technologies is large, Arcam is a micro in comparison. I agree that in the long run this is a great deal for GE but the development costs for industrialization over the next several years won't be so small.

So my opinion is this buyout is about right though I'm somewhat curious to see our stock prices trading below the Nordic exchange, and the offer, by about a dollar a share.

[mauser96]

It will be interesting to see the EU reaction to this and whether they will push some EU company into making a bid. I think that is a possibility.


Because the EU sank a lot of research money into EBM, and now this will go to benefit a US centered company. I always thought Arcam could not reach it's full potential aa Swedish based company but a more central in the EU, maybe.

The story may not be over. I have sold some but will hang on to some too in case a bidding war breaks out. Because the GE offer is actually low . GE is getting a patent tight monopoly on making titanium parts that nobody else can mak

I was in Arcam before I found this board but many thanks to all the great contributors- especially Charlie, the AMAVF Axe