GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software (Reuters)

Reuters: GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software  —  GE Vernova (GEV.N) 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.

Sep 12, 2025 - 01:02
GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software (Reuters)
Reuters: GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software  —  GE Vernova (GEV.N) 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.