NYSE:GEVElectrical
GE Vernova Acquisition Of Robotech Automation Targets Factory Efficiency And Margins
GE Vernova (NYSE:GEV) has agreed to acquire Canadian robotics and automation integrator Robotech Automation.
The deal expands GE Vernova's in house automation capabilities across its supply chain and factories.
Robotech has already been working on projects within GE Vernova's manufacturing network and grid related production.
For investors watching GE Vernova at a share price of $968.32, the move into robotics systems integration comes after a 1 year return of 105.2% and a year to date gain...