GE Acquires Lineage Power - Analyst Blog

General Electric Company (GE) has agreed to acquire privately held Lineage Power Holdings, Inc., from The Gores Group, LLC.

Lineage Power is a provider of high-efficiency power conversion infrastructure technology and services for the telecommunications and datacenter industries. 

The acquisition will enable GE Energy technology to be utilized in the $20 billion per year power conversion industry where the demand for uninterrupted, high-quality power is driven by the expansion of cloud computing and mobile internet voice, video and data applications.

GE has one of the best infrastructure franchises worldwide with solid organic growth rates, exposure to favorable secular trends and a large installed base supporting a growing annuity-like service business. 

Infrastructure businesses from GE are helping build the energy, health, transportation and technology infrastructure of the new century. These businesses provide the products and services that help developing regions participate in the global economy, while also helping developed regions upgrade with cleaner, more efficient and better technologies.

Financial business at GE offers an array of products and services aimed at enabling commercial businesses, consumers and markets worldwide to build astronger and financially secure future.

GE has adopted strategic imperatives to strengthen its portfolio by building strong growth platforms and generating cash from low-return businesses.  Its focus remains on accelerating organic growth and achieving technical and service excellence, while building enduring customer relationships around the world. 

GE has products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and industrial products.

Since its incorporation in 1892, the company has developed or acquired new technologies and services that have broadened considerably the scope of its activities. Philips (PHG) and Siemens AG (SI) are major competitors.

We currently have a Neutral recommendation on General Electric Company.


 
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