Replies to post #6045 on Arcam AB fka AMAVF

[charlie T colton]

RE: GE Digital "bring in more partners and possibly sell a minority stake"

At reuters.com - GE shifts strategy, financial targets for digital business after missteps

Thanks Tom.

From the article-

GE estimates the industrial internet market will be worth $225 billion a year by 2020, and Flannery, who became CEO on Aug. 1, appears committed to Immelt’s vision of being a major player, according to two people familiar with his thinking.

But the 55-year-old leader, known for finance skills and making tough decisions, is likely to press GE Digital to reduce costs and lift profits next year. He also may restructure how GE Digital operates, bring in more partners and possibly sell a minority stake in the unit, they told Reuters.

This is not directly related to how GE will handle its additive manufacturing but the decisions being made now in other divisions should provide some guidance as to the decisions that will be made about GE's additive division.

IF similar decisions are made at GE Additive, what direction do you see them taking to realize substantial growth in the additive segment?

What they've done so far is not impressive with respect to selling machines to other large aerospace and orthopedic manufacturers.