This content is from: Home

GEC in $4.5 billion acquisition of Fore Systems

The UK’s General Electric Company (GEC) is buying Fore Systems, a Pittsburgh-based Internet equipment supplier. GEC recently agreed to sell its defence business to British Aerospace and is now concentrating on building up its telecoms and Internet capabilities. This acquisition follows GEC’s purchase of US telecoms company, Reltec.

To access our in-house intelligence please request a trial here.

Read this article – and more – for a one-week period.

REQUEST ACCESS

Are you already an IFLR subscriber? Login here

Instant access to all of our content. Membership Options | One Week Trial