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GE Digital $915 million acquisition of ServiceMax

14/11/2016
Public acquisition
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$ 915 million

Announced

14/11/2016

Overview:

  • GE Digital has acquired cloud-based management solutions software company ServiceMax in a $915 million deal.
  • Morgan Stanley served as exclusive financial adviser for ServiceMax.
  • The deal is expected to close in January, 2017.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:
Gunderson Dettmer

Party: ServiceMax (Target)

King & Spalding

Party: GE Digital (Acquirer)

Lawyer: Rahul Patel

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