Boston, Mass. - March 30, 2017 - GE (NYSE: GE) announced today that GE Capital’s non-U.S. activities are no longer subject to consolidated supervision by the UK’s Prudential Regulation Authority (PRA). This completes GE Capital’s global exit from consolidated supervision, having had its designation as a Systemically Important Financial Institution (“SIFI”) removed in June 2016.
Abu Dhabi, United Arab Emirates.
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Wauwatosa, Wisconsin - 13 March 2017 - Monitoring expectant mothers and their babies before and during childbirth is a vital and at times a complicated task. GE Healthcare is investing in innovations to make it easier. Today, GE Healthcare announced that it is expanding its Maternal-Infant Care business with the acquisition of Monica Healthcare, a monitoring technology company based in the United Kingdom.
BOSTON & HOUSTON - March 06, 2017 - General Electric Company (NYSE: GE) and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies have each received a request for additional information (“second request”) from the United States Department of Justice (“DOJ”) in connection with the pending combination of GE’s oil and gas business with Baker Hughes. The second requests were issued under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”).
WASHINGTON, D.C. February 21, 2017 - Venture Global LNG, Inc. has selected GE Oil & Gas as a strategic partner to provide a plant-wide technology solution for its liquefied natural gas (LNG) export facilities under development in Louisiana. Under the agreement, GE Oil & Gas will leverage advanced technologies from across the broader GE portfolio to deliver a comprehensive power, pretreatment and LNG liquefaction system.
NISKAYUNA, NY and SUWON, KOREA - February 16, 2017 - GE Ventures and Samsung Electro-Mechanics (SEMCO), a world leader in electronic components, announced today a multi-year, worldwide patent license agreement. With this partnership, SEMCO will license GE microelectronics packaging patent portfolio, covering the fabrication of substrates embedded with electronic circuits.
BOSTON, Mass. - Feb. 14, 2017 - GE announced today that Senator William “Mo” Cowan has been named Vice President, Litigation and Legal Policy, effective April 1, 2017. In this role, he will be responsible for litigation, enforcement proceedings, investigations and compliance globally for GE. He will also continue to help lead GE’s Boston team, advising senior GE leaders and engaging with the City and State as the company moves forward with the construction of its new global headquarters campus in the Fort Point Channel neighborhood.
