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July 16, 2021 08:08 pm GMT

ServiceMax promises accelerating growth as key to $1.4B SPAC deal

ServiceMax, a company that builds software for the field-service industry, announced yesterday that it will go public via a special purpose acquisition company, or SPAC, in a deal valued at $1.4 billion. The transaction comes after ServiceMax was sold to GE for $915 million in 2016, before being spun out in late 2018. The company […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qZ9X83gi17k/

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