GE Aerospace and Merlin are developing an AI “autonomy core” for KC-135 tankers, with potential to ease pilot shortages and ...
Proficy’s software portfolio is meant to address industrial challenges across discrete, process, and hybrid manufacturing, as ...
Autonomous flight system developer Merlin Labs is joining forces with GE Aerospace to equip civil and military aircraft with ...
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 ...
(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 (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 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 ...
The leaders of GE Vernova Inc. have agreed to sell a part of its software portfolio that focuses on manufacturing operations to a big name in the global investment space for $600 million. The deal ...
The Cambridge-based energy company will sell its Proficy business to San Francisco-based private equity firm TPG in a deal expected to close in 2026. Thursday, November 13, 2025 Power50: The Movement ...
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 ...
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.