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GE Buys Software Company to Bolster Rail-Industry Supply Chain

August 31, 2016

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 in a statement Aug. 30. Terms weren’t disclosed.

“We are very focused on helping better integrate and streamline the broader rail supply chain,” said Seth Bodnar, chief digital officer of GE Transportation.

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