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Technology M&A image Technology M&A » By The Online Investor Staff, updated Sat., Apr. 20, 11:08 AM Recent mergers and acquisitions in the Technology M&A category.

Slide #2. GE Wurldtech

Acquirer: GE (NYSE:GE)
Acquiree: Wurldtech
Details: GE (NYSE:GE) announced today a definitive agreement to acquire privately held Wurldtech, a Vancouver, British Columbia-based company and recognized leader in cyber security solutions. This move is one of several by GE to help protect critical infrastructure and advance cyber security efforts globally for key industries. Wurldtech solutions and services are used in complex environments such as oil refineries, power transmission grids or for individual assets like medical devices or smart meters.

General Electric is a technology industrial company. Co. has four segments: Aviation, which designs and produces commercial and military aircraft engines, integrated engine components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies to markets and has capabilities in medical imaging, digital solutions, patient monitoring and diagnostics, drug discovery and performance improvement solutions; Renewable Energy, which includes onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables and digital services offerings; and Power, which provides products and services related to energy production.

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Company Name:  General Electric Co
Stock buyback:  GE buyback
Website:  www.ge.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding GE:  107
Total Market Value Held by ETFs:  $17.61B
Total Market Capitalization:  $212.28B
% of Market Cap. Held by ETFs:  8.29%
 

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April 20, 2024    11:08 AM Eastern
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Strong Buy (3.67 out of 4)
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