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GE ITS was acquired by Platinum Equity in late 2004 and has now been absorbed into the I.T. solutions company called CompuCom. This acquisition has resulted in a much larger customer base, so many of the personalized services previously provided by GE ITS have been lost or replaced by CompuCom's "one size fits all" business model.
With 19,334 faculty and staff as of 2023, the University of Miami in Coral Gables is Miami-Dade County's second-largest employer after Baptist Health South Florida. [1]This is a list of major companies or subsidiaries headquartered in the Miami metropolitan area.
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CompuCom was formed in 1987 by Safeguard Scientifics, a venture capital company. It was started when predecessor Machine Vision International acquired two computer-focused technology companies, Tri-Star Data Systems and Office Automation, under the umbrella of Safeguard Scientifics, which named the merged company CompuCom.
Then, in December 2004, the company acquired General Electric's IT Solutions division. The merger brought CompuCom to $1.7 billion in annual revenue and more than $500 million in services. [ 20 ] The business was sold to Court Square Capital Partners in 2007. [ 21 ]
Also, the three core businesses that formed the pre-split GE are all extremely large: GE Aerospace, the top player in its industry, generated revenues of $31.8 billion in 2023, while GE Vernova ...
2021: GE announces plan to splitting business into three new public companies: GE Vernova, GE HealthCare and GE Aerospace. GE Digital along with GE Renewable Energy, GE Power and GE Energy Financial Services will come together as GE Vernova. [8] 2024: GE announces planned spin-off date for beginning of second quarter of 2024. [9]
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