Editing GE Transportation (section)

==Mergers and acquisitions==
In November 2015, French multinational [[Alstom]], which now specialises in rail, acquired GE Transportation's Signaling & Train Control division.<ref>{{Cite web |date=2016-07-19 |title=Alstom to Supply ITCS Signalling System for Qinghai-Tibet Railway in China |url=https://www.masstransitmag.com/rail/press-release/12233828/alstom-alstom-to-supply-itcs-signalling-system-for-qinghai-tibet-railway-in-china |access-date=2024-05-05 |website=Mass Transit}}</ref>

On November 12, 2017, GE announced they would sell or spinoff the Transportation Division.<ref>{{cite news|url=http://www.chicagotribune.com/business/ct-biz-ge-transportation-20171113-story.html|title=GE looks to sell or spin off Chicago-based transportation division|author=Robert Channick|date=November 13, 2017|newspaper=[[Chicago Tribune]]}}</ref>

In addition to the railroad industry, GE Transportation, also serves the following industries: Marine, Mining, Stationary Power, Drilling, and Drivetrain Technologies (wind gear boxes).

On May 21, 2018, GE and [[Wabtec]] announced that GE Transportation, valued at $11.1 billion, would be divested from GE and subsequently merged with Wabtec in a [[Reverse Morris Trust]] transaction by early 2019.<ref name="reuters">{{cite web | url=https://www.reuters.com/article/us-getransportation-m-a-wabtec/ge-to-merge-transportation-unit-with-wabtec-in-11-1-billion-deal-idUSKCN1IM12I | title=GE to merge transportation unit with Wabtec in $11.1 billion deal | publisher=Reuters | date=May 21, 2018 | access-date=May 27, 2018}}</ref> Upon completion on February 25, 2019, the merged company was 50.8% owned by Wabtec shareholders, with GE shareholders owning 24.3% and GE itself owning 24.9%; GE also received $2.9 billion in cash.<Ref name="reuters"/><ref>[https://www.railwaygazette.com/news/business/single-view/view/wabtec-and-ge-transportation-complete-merger.html Wabtec and GE Transportation complete merger] {{Webarchive|url=https://web.archive.org/web/20200801015058/https://www.railwaygazette.com/news/business/single-view/view/wabtec-and-ge-transportation-complete-merger.html |date=2020-08-01 }} ''[[Railway Gazette International]]'' February 25, 2019</ref>