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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 ...

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GE Vernova announces the sale of its Proficy industrial software unit to TPG for $600 million, aiming to reinvest the proceeds into grid software and enhance manufacturing operations amidst rising ...

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(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.