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GE buys inventory software company for $915 mln

November 16, 2016

Via: Reuters

Category:

Mergers and Acquisitions

General Electric Co (GE.N) said its software unit bought ServiceMax, a cloud-based provider of software used in inventory and workforce management, for $915 million.

GE said the deal was part of GE Digital’s strategy to advance its “Industrial Internet” vision.

Read More on Reuters