GE Vernova will maintain a board observer seat upon completion of the transaction. Credit: Mamun_Sheikh/Shuttterstock.com. GE Vernova has entered into a binding ...

GE Vernova (GEV) and TPG announced on Thursday that the global alternative asset management firm will acquire GE Vernova’s Proficy manufacturing software business for $600 million. GE Vernova may ...

GE Vernova Inc. agreed to sell its industrial software business Proficy to alternative asset management firm TPG for $600 million. Electricity demand is soaring to levels not seen in decades, driven ...

GE Vernova (NYSE:GEV) has reached a deal to sell its industrial software division, Proficy, to private equity firm TPG (TPG) in a transaction valued at $600 million, according to a company ...

(Reuters) – U.S. power equipment maker GE Vernova said on Thursday it agreed to sell Proficy, its industrial software business, to asset management firm TPG for $600 million as part of cost-cutting ...

Tpg Capital Management, L.p. Sept 11 (Reuters) - (This Sept 11 story has been corrected to show that $7.55 billion is the revenue for the electrification segment, not the electrification software ...

GE Vernova may receive additional sale proceeds in the future depending on various outcomes and conditions The deal is expected to close in the first half of 2026 Scott Strazik serves as CEO of GE ...

Since separating from General Electric, GE Vernova shares have almost quadrupled. Credit: Rokas Tenys/Shutterstock. GE Vernova is considering the sale of its industrial software division, Proficy.

GE Vernova (NYSE:GEV) is exploring the sale of its Proficy industrial software business in a deal that could fetch as much as $900M-$1B, Bloomberg reported Friday. The company is working with ...

Following its independence last year after a three-way split of General Electric (GE.N), opens new tab, GE Vernova is benefiting from surging domestic power demand. Sign up here. This demand is ...