GE and FANUC Complete Joint Venture Dissolution

Both companies will operate independently from now on

  • December 15, 2009
  • 17283 views
  • 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.

Graduated in political sciences and international relations in Paris, Anis joined the team in early 2019. Editor for IEN Europe and the new digital magazine AI IEN, he is a new tech enthusiast. Also passionate about sports, music, cultures and languages. 

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