GE and FANUC Complete Joint Venture Dissolution

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Both companies will operate independently from now on

GE and FANUC Complete Joint Venture Dissolution
GE and FANUC Complete Joint Venture Dissolution

GE and FANUC LTD announced that the two companies have completed their agreement to dissolve the GE Fanuc Automation Corporation Joint Venture. This agreement reverts the respective portions of the joint venture back to the parent company and allows each company to focus on its existing businesses and pursue growth in its respective core industry of expertise. The two companies signed the final agreement in Chicago, and will now operate independently as GE Intelligent Platforms and FANUC LTD.

Posted on December 15, 2009 - (17237 views)
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