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https://www.ge.com/news/reports/ge-announces-plans-to-form-three-public-companies https://www.ge.com/news/reports/ge-announces-plans-to-form-t... > We’ll pursu

https://www.ge.com/news/reports/ge-announces-plans-to-form-three-public-companies https://www.ge.com/news/reports/ge-announces-plans-to-form-t... > We’ll pursue a tax-free spin-off of GE Healthcare, creating a pure-play company at the center of precision health. We’ll combine GE Renewable Energy, GE Power, and GE Digital into one business, positioned to lead the energy transition. GE intends to execute the spin-off of Healthcare in early 2023 and the spin-off of the Renewable Energy and Power business in early 2024. Following these transactions, GE will be an aviation-focused company, shaping the future of flight. So to paraphrase, GE Energy, GE Healthcare and GE aviation.

metalliqaz 5y ago
GE Aviation's main competitor in the US is Pratt & Whitney, and PW's parent United Technologies did this same kind of maneuver in 2020. Two companies were spun off and the resulting company focused on aerospace. Then, quickly thereafter, UTX merged with Raytheon. So I expect GE Aviation will begin either a merger or go on an acquisition spree to expand their power in the defense contracting space. They are competing with other huge conglomerates like Boeing, Lockheed, Northrup, and General Dynamics. I wonder if they will try to merge with Honeywell (again). I'll bet they will at least examine it.
greenail 5y ago
GE aviation is the most organically grown part of GE from my experience. I think they only ever did 2 major acquisition/mergers. GE Energy was packed with lots of acquisitions, not so sure about Power but I would guess it is also a hodge podge based on reorganizations. Digital is pretty new with very rapid growth. Healthcare kinda did their own thing from what I saw. I wonder how organic growth vs acquisition growth impacted the choices for how this split evolved. I also wonder how acquisitions vs organic growth impacts the long term survivability of giant corporations.
- Gravityloss 5y ago
  I worked in a company that GE Healthcare acquired. It was "interesting" to see the change in company culture. The original company felt like the most important thing was trust. GE was more about competition.
- dmix 5y ago
  That would explain why Aviation is the one keeping the GE brand.
baybal2 5y ago
I wonder, will this preclude GE Energy getting hands on new GE turbines? Most turbines GE Energy sells are aeroderived.

metalliqaz 5y ago

GE Aviation's main competitor in the US is Pratt & Whitney, and PW's parent United Technologies did this same kind of maneuver in 2020. Two companies were spun off and the resulting company focused on aerospace. Then, quickly thereafter, UTX merged with Raytheon. So I expect GE Aviation will begin either a merger or go on an acquisition spree to expand their power in the defense contracting space. They are competing with other huge conglomerates like Boeing, Lockheed, Northrup, and General Dynamics. I wonder if they will try to merge with Honeywell (again). I'll bet they will at least examine it.

greenail 5y ago

GE aviation is the most organically grown part of GE from my experience. I think they only ever did 2 major acquisition/mergers. GE Energy was packed with lots of acquisitions, not so sure about Power but I would guess it is also a hodge podge based on reorganizations. Digital is pretty new with very rapid growth. Healthcare kinda did their own thing from what I saw. I wonder how organic growth vs acquisition growth impacted the choices for how this split evolved. I also wonder how acquisitions vs organic growth impacts the long term survivability of giant corporations.

Gravityloss 5y ago
I worked in a company that GE Healthcare acquired. It was "interesting" to see the change in company culture. The original company felt like the most important thing was trust. GE was more about competition.
dmix 5y ago
That would explain why Aviation is the one keeping the GE brand.

baybal2 5y ago

I wonder, will this preclude GE Energy getting hands on new GE turbines? Most turbines GE Energy sells are aeroderived.