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In January 2005, the company became independent and started to serve clients outside of GE. [13] As part of this transition, the company changed its name to Genpact for “generating business impact.” [14] Also in 2005, the company opened additional offices in India and by the end of the year, recorded US$493 million in revenue, with 15% coming from new global clients, and the remaining 85% ...
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GXS is a provider of business-to-business e-commerce solutions. GE maintains a minority stake in GXS. [69] Also in 2002, GE Wind Energy was formed when GE bought the wind turbine manufacturing assets of Enron Wind after the Enron scandals. [48] [49] [70] In 2004, GE bought 80% of Vivendi Universal Entertainment, the parent of Universal Pictures ...
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.
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 ...
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.
Solutions Way Management, LLC, a subsidiary of Allied Realty, Co., as part of the 2001 Genicom bankruptcy settlement, [1] purchased the former GE property for $750,000 and now operates it as an incubator for fledgling new businesses, providing manufacturing space, and offering support services as required by the newcomers.