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GE Vernova Inc., [2] formerly GE Power and GE Renewable Energy, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. [3]GE Vernova was formed from the merger and subsequent spin-off of General Electric's energy businesses in 2024: GE Power, GE Renewable Energy, GE Digital and GE Energy Financial Services.
In November 2021, General Electric announced it would split into three publicly-traded companies, with GE Healthcare being one of the three. [51] The spin-off of GE Healthcare was completed on 4 January 2023. [52] [53] In December 2021, the company acquired BK Medical from Altaris Capital Partners for $1.45 billion. [54]
GE Capital was the financial services division of General Electric. [1] Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial.
General Electric (GE) expects to complete the spin-off of its healthcare unit in the first week of January 2023 and announces a new board in this regard.
General Electric's (GE) board approves the separation of its healthcare unit into a separate public company. The spun-off entity is set to be renamed GE HealthCare Technologies Inc.
A longstanding medical tech maker is now set to make its own moves. GE HealthCare made its market debut on Wednesday under the ticker symbol GEHC, finalizing a spin-off from General Electric ...
GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace.
When it comes to refrigerators, General Electric is a household name. When it comes to banking, however, the industrial giant's not so interested in the everyday consumer. To that end, the company ...