GE Fanuc Embedded Systems
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GE Fanuc Embedded Systems
General Electric Automation and Controls division combines what was formerly known as GE Intelligent Platforms and Alstom's Power Automation and Controls. In 2019, GE Intelligent Platforms was acquired by Emerson Electric and is now part of Emerson's Discrete Automation business unit. GE Automation and Controls produce Programmable logic controller, Programmable Logic Controller (PLC) and Programmable Automation Controller (PAC) based control systems, I/O, and field devices, including support to design, commission and operate industrial assets and operations. Industries served include manufacturing, food and beverage, life sciences, power, oil and gas, mining and metals, water and wastewater, and specialty machinery industries. History In 1986, GE Fanuc Automation Corporation was jointly established in the US by FANUC and General Electric (GE). Under the joint venture company, three operating companies, GE Fanuc Automation North America, Inc., in the U.S., GE Fanuc Automation Eu ...
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A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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