GE Vernova Sells Proficy: A $600M Cost-Cutting Move
Update: 2025-09-11
Description
GE Vernova Sells Industrial Software Business for $600M! Facing rising costs and inflation, GE Vernova is selling Proficy to TPG, signaling a major strategic shift to refocus on its core energy equipment business. What does this mean for the future of GE Vernova and the industrial software sector? Find out how this deal aims to tackle financial pressures and capitalize on the booming demand for industrial tech solutions. Closing expected in early 2026.
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