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On July 1, 2019, Patrick Byrne joined GE as chief executive officer of GE's Digital business reporting to GE CEO and chairman H. Lawrence Culp Jr. [6] Following the GE October 2019 earnings call, Culp announced GE would retain its digital business. [7] On June 3, 2020, Byrne's role was expanded to include VP lean transformation for GE.
Digital Media Initiative: Digital production, media asset management United Kingdom: Public service broadcaster: By 2013, the project was judged to be obsolete (as much cheaper commercial off the shelf alternatives by then existed) and was scrapped by BBC management. The Director-General of the BBC said it had been a huge waste of money. [7]
GE ITS was acquired by Platinum Equity in late 2004 and has now been absorbed into the I.T. solutions company called CompuCom. This acquisition has resulted in a much larger customer base, so many of the personalized services previously provided by GE ITS have been lost or replaced by CompuCom's "one size fits all" business model.
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GE Oil & Gas acquires Vetco Gray for US$1.9 billion. [19] [20] 2007 GE Plastics is sold to SABIC for US$11.6 billion. [21] 2008 GE Oil & Gas acquires Hydril Pressure & Control for US$1.12 billion from Tenaris, who retains possession of Hydril Premium Connections. [22] [23] 2008 GE Co. acquires Vital Signs Inc. for US$860 million [24] 2009
GE Vernova Inc., [2] formerly GE Power and GE Renewable Energy, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. [3]GE Vernova was formed from the merger and subsequent spin-off of General Electric's energy businesses in 2024: GE Power, GE Renewable Energy, GE Digital and GE Energy Financial Services.
Predix, known as Predix Platform is an industrial IoT software platform from GE Digital. It provides edge-to-cloud data connectivity, processing, analytics, and services to support industrial applications. The Platform has both edge and cloud components. Predix Cloud is hosted on AWS.
GE Technology Infrastructure was a business group of General Electric composed of three GE companies: GE Aviation, GE Healthcare, and GE Transportation. [1] John G. Rice is president and CEO. A company-wide reorganization prompted by staggering financial losses led to the unit's formation in 2008 from companies within GE Infrastructure . [ 2 ]
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