Tuesday, January 3, 2012

GE Acquisition of Railroad Software Provider RMI Closes

(BUSINESS WIRE) -- GE Transportation, the world's leading maker of rail and transportation-related products, announced today the completion of its acquisition of software provider RMI from The Carlyle Group. The acquisition significantly expands GE Transportation's Software and Optimization Solutions business to serve railroad customers worldwide. Terms of the deal were not disclosed.
RMI (www.rmiondemand.com) is a leading provider of transportation management software solutions for railroads, rail shippers, railcar leasing companies, and intermodal services in North America. RMI designs software to help its users improve efficiency and productivity while reducing costs. Continued

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