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 ...
Proficy Plant Applications version 6.1 includes the best practices the company has implemented at many of the world’s leading manufacturers. In addition, the solution’s Service Oriented Architecture ...
(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 ...
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 ...
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 ...
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 ...
On September 11, 2025, GE Vernova Inc. (NYSE:GEV) announced plans to reinvest $600 million—proceeds from selling its Proficy industrial software division to TPG—into its grid software division. CEO ...
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 ...
GE Vernova (GEV) and TPG (TPG) announced the signing of a binding agreement confirming the intent under which TPG will acquire GE Vernova’s Proficy manufacturing software business for $600M. GE ...