GE to spin out its industrial IoT software business into a separate company with $1.2B in revenue, sell 90% of ServiceMax to Silver Lake for an undisclosed sum (Forbes)

Forbes:
GE to spin out its industrial IoT software business into a separate company with $1.2B in revenue, sell 90% of ServiceMax to Silver Lake for an undisclosed sum  —  By Nigel Fenwick, Vice President, Principal Analyst; Frank Gillett, Vice President, Principal Analyst; Michele Pelino, Principal Analyst; Paul Miller, Senior Analyst

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