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November 14, 2016 07:56 pm GMT

GE Digital snags ServiceMax for $915 million

GE headquarters in BostonGE Digital announced today it was buying ServiceMax, a cloud-based field service management company, for $915 million. GE Ventureshad been an investor in the company as part of the $82 million Series F round in 2015. The two companies have more in common than you might think. GE is building the Predix Platform, on top of which it hopes companies will build applications that take advantage… Read More

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