MENLO PARK, Calif. & FAIRFIELD, Conn.--(BUSINESS WIRE)--June 24, 2002--Francisco Partners, the world's largest technology buyout fund, today announced a definitive agreement with General Electric Company (NYSE: GE) to acquire GE's business-to-business (B2B) e-commerce company, GE Global eXchange Services (GXS).
FAIRFIELD, Conn.--(BUSINESS WIRE)--June 19, 2002--General Electric today announced the appointment of three company officers.
Ruben C. Berumen, 45, is President and CEO, Power Controls B.V. at GE Industrial Systems. His previous position was President and CEO of GE Medical Systems OEC and General Manager, Global Vascular and X-Ray. Berumen holds a master's degree in international management from the American School of International Management and a bachelor's degree in electrical engineering from the University of Notre Dame.
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STAMFORD, Conn.--(BUSINESS WIRE)--June 19, 2002--
- Offers Comprehensive Line of Financing Products and Services,
Strong Industry Expertise and Commitment to Client Success -
GE Capital today announced the formal launch of a new business unit, GE Capital Healthcare Financial Services, focused on providing capital, financial solutions and related services to the healthcare industry.
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GE Industrial Systems to Acquire EURO-DIESEL, A Leader In Rotary Uninterruptible Power Supply Systems PLAINVILLE, Conn.--(BUSINESS WIRE)--June 18, 2002--GE Industrial Systems, a division of the General Electric Company (NYSE:GE), has signed a definitive agreement with the SEGHERSgroup to purchase EURO-DIESEL, a leader in the design and manufacture of rotary Uninterruptible Power Supply (UPS) systems and other critical power products.
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GAITHERSBURG, Md. & SAN MATEO, Calif.--(BUSINESS WIRE)-- June 17, 2002--
Enables Buying Organizations to Reduce Overhead Costs of Managing
Supplier Catalogs
GE Global eXchange Services (NYSE:GE), a leader in business-to-business Internet commerce, and Poet Software (Neuer Markt:POXA), a leader in enabling B2B eCommerce through eCatalog content management, today announced that they will team to provide hosted catalog management services to Global 1000 companies.
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Atlantic Coast Airlines Places $125 MillionCF34-3B1 Engine Order EVENDALE, OHIO--June 14, 2002--Atlantic Coast Airlines (ACA) has ordered 50 firm GE CF34-3B1 engines to power its 25 new 50-passenger Bombardier CRJ200 regional jet aircraft. The engine contract is valued at more than $125 million.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--June 14, 2002--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.18 per outstanding share of the Company's common stock.
The dividend is payable July 25, 2002 to shareowners of record at the close of business on June 28, 2002. The ex-dividend date is June 26, 2002.
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Honeywell-GE Tank Engine Passes First-Run Test; New LV100-5 Testing Ahead Of Program Schedule PHOENIX, Arizona--June 11, 2002--Honeywell (NYSE: HON) and GE Aircraft Engines, a division of the General Electric Company (NYSE: GE), announced today that the LV100-5 engine the companies are co-building in a 50/50 partnership has successfully passed the First Engine To Test (FETT) milestone, six days ahead of schedule.