• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Motion Control Tips

Automation • Motion Control • Power Transmission

  • News
    • Industry News
    • Editor Blogs
    • Video
  • Controls
    • HMIs
    • PC-Based Controllers
    • PLCs + PACs
    • Stand-Alone Controllers
    • Software
  • Drives
    • Servo Drives
    • Stepper Drives
  • Encoders
    • Absolute Encoders
    • Incremental Encoders
    • Rotary Encoders
  • Mechanical
    • Bearings
    • Brakes + Clutches
    • Belt + chain
    • Couplings
    • Gears + Gearing
    • Lubrication
    • Shock + Vibration Mitigation
    • Springs + Rings + Seals
  • Linear
    • Actuators
    • Linear Motors
    • Linear Encoders
  • Motors
    • AC Motors
    • DC Motors
    • Brushless Motors
    • Gearmotors
    • Piezo Motors
    • Servo Motors
    • Stepper Motors
  • Systems
    • Conveyors + linear transport systems
    • Gantries + Stages
    • Rotary Tables
    • Grippers + End Effectors
    • Robotics
  • Networks
    • Connections + Sliprings
    • Fieldbuses
    • I/O
    • Sensors + Vision
  • FAQs
    • Motion Casebook
    • Motion Selection Guides
  • Suppliers
You are here: Home / Controls / Software / GE and FANUC to Dissolve GE Fanuc Automation Corporation

GE and FANUC to Dissolve GE Fanuc Automation Corporation

August 19, 2009 By Motion Control Tips Editor Leave a Comment

Charlottesville, VA – GE (NYSE: GE) and FANUC announced today that the two companies have agreed to dissolve the GE Fanuc Automation Corporation joint venture. This agreement would allow each company to refocus its investments to grow its existing businesses and pursue its respective core industry expertise. GE and FANUC expect the transaction to be completed by the end of this year, subject to satisfactory customary closing conditions.

Established in 1986 by the joint investments of GE and FANUC, GE Fanuc Automation Corporation grew to become a leading high-performance technology company that serves a vast array of industries around the world including the energy, water, consumer packaged goods, government & defense, and telecommunications industries. The partnership delivers hardware and software solutions, services, automation and embedded computing systems; as well as industry-leading CNC products.

FANUC Honorary Chairman Dr. Seiuemon Inaba said, “Our joint venture has achieved great success toward its original mission, which was to cooperate on the global growth and technical development of the PLC and CNC business. Over this time period, markets and opportunities also have changed dramatically, and both companies further expanded into adjacent segments. Today’s market conditions are such that it’s imperative we pursue these expanded opportunities, and while we have achieved great things together, it’s in both our best interests that we focus our efforts on industry opportunities unique to our respective companies and that will deliver greater benefits to both our companies.”

GE Fanuc Intelligent Platforms CEO Maryrose Sylvester said, “GE could not have asked for better partners than Dr. Inaba and FANUC. GE is proud of what our companies have achieved together – both the industry expertise and success across our product portfolios. For GE, this change will mean a continued, intense focus on serving our customers around the world while continuing to invest in significant growth platforms like process control systems, enterprise and automation software and embedded computing as we continue to build further expertise around the GE vertical infrastructure segments.”

Under the terms of the agreement:

–GE retains the software, services, embedded systems and control systems businesses globally. The company will be known as GE Intelligent Platforms, and will be led by Sylvester.

–FANUC retains the global CNC business.

General Electric
www.ge.com

Filed Under: Software Tagged With: FANUC

Reader Interactions

Leave a Reply

You must be logged in to post a comment.

Primary Sidebar

POWER TRANSMISSION REFERENCE GUIDE

DESIGN GUIDE LIBRARY

“motion
Subscribe Today

RSS Featured White Papers

  • Specifying electric rodless actuators: Ten tips for maximizing actuator life and system performance
  • The truth about actuator life: Screw drive survival
  • Top Ten Tips: How to specify electric rod-style actuators for optimal performance, reliability and efficiency

Footer

Motion Control Tips

DESIGN WORLD NETWORK

Design World Online
The Robot Report
Coupling Tips
Linear Motion Tips
Bearing Tips
Fastener Engineering.

MOTION CONTROL TIPS

Subscribe to our newsletter
Advertise with us
Contact us
About us
Follow us on TwitterAdd us on FacebookAdd us on LinkedInAdd us on YouTubeAdd us on Instagram

Copyright © 2022 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy | RSS