GE Transportation advances ‘smart rail’ push with Iders acquisition

Written by Kyra Senese, Managing Editor
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GE Transportation

GE Transportation (GE) has announced the company’s acquisition of Iders Incorporated, an electronic product design and manufacturing company catering to the rail industry.  

 

GE describes Iders Inc. as having been a valued partner for more than five years. The company manufactures GoLINC, the onboard processing, storage, networking and communications platform that “essentially turns a locomotive into a mobile data center,” representatives say. GoLINC touts installations for more than 8,500 locomotives worldwide, serving as the platform through which GE and similar suppliers are enabled to write applications to help trains and entire systems increase efficiency.

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

The acquisition is also set to bring customers access to a broader portfolio of cost-competitive digital offerings. The terms of GE’s acquisition include its inheritance of Iders’ ongoing product development projects intended to heighten productivity and yield other desired customer outcomes in demand. 

“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,” said Brad Brown, president of Iders Incorporated.

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