GE reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million, an agreement that will allow GE to take full ownership in a number of years. Germany’s Concept Laser designs and manufactures powder-bed-based laser additive-manufacturing machines that are capable of processing various powder materials, including titanium, precious metal alloys and high-grade steels.

Find out more about the deal and Concept Laser.