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GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software (Reuters)


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2025-09-11 16:52:14
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Reuters:

GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software  —  GE Vernova (GEV.N) said on Thursday it will sell its Proficy industrial software unit to private equity firm TPG for $600 million and reinvest the proceeds in grid software.




Reuters:

GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software  —  GE Vernova (GEV.N) said on Thursday it will sell its Proficy industrial software unit to private equity firm TPG for $600 million and reinvest the proceeds in grid software.



Source: TechMeme
Source Link: http://www.techmeme.com/250911/p14#a250911p14


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