TPG to acquire GE Vernova’s Proficy software unit for $600M

2 hours ago 1
Abandoned home and GE wind turbines southeast Colorado

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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 announcement.

Chief Executive Scott Strazik said proceeds from the

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