GE Transportation has announced the acquisition of Canada-based Iders, an electronic product design and manufacturing company for the rail industry.

As part of the acquisition, customers will get access to a new portfolio of digital solutions. GE will also inherit ongoing product development projects aimed at improving productivity.

GE Transportation's president and CEO Jamie Miller said: “This strategic acquisition marks another milestone for GE Transportation in creating an efficient, self-aware, rail ecosystem that helps customers achieve smarter outcomes made possible by sensor data and analytics.

"This acquisition puts GE in the driver’s seat, allowing for faster innovation and scale."

“This acquisition puts GE in the driver’s seat, allowing for faster innovation and scale, digital breakthroughs, and future enhancements by in-house talent.”

Iders' president Brad Brown said: “We’re proud to bring Iders’ history of innovation and advanced technical expertise to GE Transportation and look forward to the next chapter.

“GE and Iders have developed a successful relationship over the years built on complementary strengths, and we are excited to deepen this alignment.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Iders focuses on rail products, contract product development services (PDS), and contract electronic manufacturing services (EMS).


Image: GoLINC serves as a platform for writing applications, which help a train's performance. Photo: courtesy of General Electric Company.