ABB to Acquire GE Industrial Solutions for $2.6 Billion

In an ABB Group press release  (Zurich, Switzerland, 25 September 2017) ABB and GE agreed to establish a long-term, strategic supply relationship for GE Industrial Solutions, GE’s global electrification solutions business.

The release said, “GE Industrial Solutions is headquartered in Atlanta, GA, and has about 13,500 employees...