financetom
Business
financetom
/
Business
/
BRIEF-TPG To Acquire GE Vernova's Proficy Software Business For $600 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-TPG To Acquire GE Vernova's Proficy Software Business For $600 Million
Sep 11, 2025 6:13 AM

Sept 11 (Reuters) - GE Vernova Inc ( GEV ):

* GE VERNOVA INC ( GEV ): TPG TO ACQUIRE GE VERNOVA'S PROFICY

SOFTWARE

BUSINESS

* GE VERNOVA INC ( GEV ): TPG TO ACQUIRE GE VERNOVA'S PROFICY

MANUFACTURING SOFTWARE BUSINESS FOR $600 MILLION

* GE VERNOVA INC ( GEV ): UPON CLOSING, TPG TO OWN AND CONTROL

PROFICY

BUSINESS, GE VERNOVA WOULD RETAIN A BOARD OBSERVER SEAT

* GE VERNOVA INC ( GEV ): PROPOSED TRANSACTION EXPECTED TO CLOSE IN

THE

FIRST HALF OF 2026

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Black Stone Minerals Q1 Net Income, Revenue Decrease
Black Stone Minerals Q1 Net Income, Revenue Decrease
May 26, 2025
05:52 PM EDT, 05/05/2025 (MT Newswires) -- Black Stone Minerals ( BSM ) reported Q1 net income late Monday of $0.04 per diluted common unit, down from $0.27 a year earlier. Three analysts polled by FactSet expected $0.32. Revenue for the quarter ended March 31 was $59.3 million, down from $105.5 million a year earlier. Four analysts surveyed by FactSet...
Williams CEO Alan Armstrong to step down after 14 years at the helm
Williams CEO Alan Armstrong to step down after 14 years at the helm
May 26, 2025
May 5 (Reuters) - Williams Companies ( WMB ) said on Monday CEO Alan Armstrong will step down after more than 14 years at the helm of the U.S. pipeline operator. Armstrong, who joined Williams nearly 40 years ago, would be succeeded by insider Chad Zamarin, effective July 1. Zamarin, who joined the company in 2017, is currently the executive...
US TVA chief suggests coal plants could see longer life, environmental groups vow to fight
US TVA chief suggests coal plants could see longer life, environmental groups vow to fight
May 26, 2025
WASHINGTON (Reuters) -Environmental groups on Monday slammed comments by the head of the U.S.-owned Tennessee Valley Authority suggesting the utility's four coal-fired power plants could continue to operate after a planned shutdown in 2035. TVA's CEO Don Moul said last week that the utility was evaluating executive orders signed by President Donald Trump last month that seek to save coal...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved