GE and Fanuc have completed their agreement to dissolve the GE Fanuc joint venture. Respective portions of the jv revert back to the parents. The companies are now GE Intelligent Platforms (note new Web address) and Fanuc Ltd. GE-IP will still be headquartered in Charlottesville, Va. and is a part of GE Enterprise Solutions.
The company has morphed considerably over the past several years. Once a significant player in the discrete automation PLC market, its purchases of several embedded computing companies as well as Intellution in the software business has greatly changed its complexion. Note the industries served section of the press release–government & defense, telecommunications, energy, water, transportation and consumer packaged goods. The first two are target markets of embedded computing and the last four are strengths of Intellution (now incorporated within the company as Proficy).
The split is sure to be a concern of customers of CNC and motion control, but GE-IP will continue support. “The two companies will continue to work together in a commercial relationship related to GE’s motion control and motor products with no interruption in supply of these components. In addition, GE intends to support its CNC customers in the Americas through its CNC services business.”
“Today begins the next phase in GE Intelligent Platforms’ focus to provide our customers with a sustainable advantage through industry-leading technology and the passion and expertise of our people,” said Maryrose Sylvester, president and CEO of GE Intelligent Platforms. “We will continue to invest in our product and solution platforms that allow our customers to compete and succeed in a challenging economy. In addition, we intend to utilize our world-class enterprise software as a platform for faster growth for the entire GE portfolio.”