On the Record · GE

GE acquisitions, on the record

The businesses GE bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Nexus Controls Word for word“In the second quarter of 2022, we announced that Gas Power intends to acquire Nexus Controls, a business specializing in aftermarket control system upgrades and controls field services.” 10-K for 2022	agreed acquisition	—	—
IMACTIS Word for word“In January 2023 we announced we entered into an agreement to acquire IMACTIS, an innovator in the rapidly growing field of computed tomography (CT) interventional guidance across an array of care areas.” 10-K for 2022	agreed acquisition	January 2023	—
BK Medical Word for word“On December 21, 2021 our HealthCare business acquired BK Medical, a leader in surgical ultrasound imaging and guidance technology, for $ 1,455 million.” 10-K for 2022	acquisition	December 21, 2021	$ 1,455 million
BioPharma business Word for word“On March 31, 2020, we completed the sale of our BioPharma business within our HealthCare segment for total consideration of $ 21,112 million (after certain working capital adjustments) and incurred $ 185 million of cash payments directly associated with the transaction.” 10-K for 2022	divestiture	March 31, 2020	$ 21,112 million
Steam Power, Renewables and Grid businesses from Alstom Word for word“In 2015, we acquired the Steam Power, Renewables and Grid businesses from Alstom, which prior to our acquisition were the subject of significant cases involving anti-competitive activities and improper payments.” 10-K for 2023	acquisition	In 2015	—
non-core licensing business Word for word“(b) Included a pre-tax gain of $ 347 million related to the sale of our non-core licensing business in Corporate in 2024.” 10-K for 2024	divestiture	2024	—
Electric Insurance business Word for word“Corporate & Other operating profit also increased as a result of $0.3 billion of lower restructuring and other charges, $0.1 billion of higher profit in our run-off insurance operations, and $0.1 billion of lower charges from contracts and recoverability of assets in connection with the conflict between Russia and Ukraine, partially offset by $0.1 billion of higher valuation allowance losses related to the planned sale of the Electric Insurance business and $0.1 billion higher separation costs.” 10-K for 2024	agreed divestiture	—	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$2.27 billion	$5.36 billion	$5.91 billion
2017-12-31	$2.72 billion	$3.23 billion	$15.72 billion
2018-12-31	$1 million	$8.88 billion	$2.02 billion
2019-12-31	$68 million	—	$5.6 billion
2020-12-31	$0	—	$90 million
2021-12-31	$69 million	—	$43 million
2022-12-31	$30 million	—	—
2023-12-31	$41 million	—	$186 million
2024-12-31	$135 million	—	—
2025-12-31	$360 million	—	$148 million

Deal filings since 2016

2024-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-04-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-01-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-11-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-11-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-09-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-11-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from GE’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-01-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.