GE Vernova has entered into a binding agreement to divest its Proficy manufacturing software business to alternative asset management company TPG for $600m. The deal may also yield further proceeds ...

(Reuters) - GE Vernova 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. Proficy, which ...

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 is exploring the sale of its industrial software business, Proficy, in a deal that could fetch as much as $1 billion, Bloomberg News reported on Friday ...

CEO Scott Strazik said the move aligns with GE Vernova’s goal of strengthening core electrification capabilities as global ...

GE Vernova Inc. is exploring a potential sale of its industrial software business known as Proficy, according to people familiar with the matter. The company is working with financial advisers on the ...

GE Vernova Inc. (NYSE:GEV) is one of the best new stocks to buy now. On June 30, GE Vernova announced that it is exploring the sale of its industrial software division called Proficy. This potential ...

Investing.com -- TPG has signed a binding agreement to acquire GE Vernova’s Proficy manufacturing software business for $600 million, with potential for additional proceeds based on future outcomes.

(This Sept 11 story has been corrected to show that $7.55 billion is the revenue for the electrification segment, not the electrification software business, in paragraph 2) GE Vernova said on Thursday ...

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 ...

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 ...