ABB acquires GE Industrial Solutions

Global power and automation technology company ABB will strengthen its position in the electrification sector through the acquisition of GE Industrial Solutions for US$2.6 billion ($3.3 billion).
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GE and Bosch sign IoT MoU

GE and Bosch have signed a memorandum of understanding whereby GE Digital and Bosch Software Innovations will facilitate openness and growth of the Industrial Internet of Things.
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