General Elec­tric buys ShipX­press Inc

China Daily (USA) - - BUSINESS -

General Elec­tric Co agreed to buy ShipX­press Inc, a cloud-based soft­ware firm, to bol­ster its sup­ply-chain of­fer­ings for rail­road cus­tomers. The deal will com­ple­ment GE’s sen­sor tech­nol­ogy and Predix op­er­at­ing sys­tem to im­prove ship­pers’ abil­ity to move goods and trans­fer in­for­ma­tion, GE Trans­porta­tion said on Tues­day in a state­ment. Terms weren’t dis­closed.

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