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ABB to Acquire GE Industrial Solutions for $2.6 Billion

ABB and GE have agreed to establish a long-term, strategic supply relationship for GE Industrial Solutions products and ABB products that GE sources today.

ABB today announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business, according to an ABB press release.

The release said, “GE Industrial Solutions is headquartered in Atlanta, GA, and has about 13,500 employees around the world. In 2016, GE Industrial Solutions had revenues of approximately $2.7 billion. … As part o

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