NEW YORK/FRANKFURT (Reuters) - U.S. buyout group Advent agreed to buy General Electric Co's <GE.N> distributed power unit for $3.25 billion, the companies said on Monday, marking GE's exit from a ...

The Power Distribution Unit (PDU) market is expanding due to the increasing demand for efficient power management solutions in data centers, telecommunications, and industrial applications. PDUs ...

General Electric Company’s (NYSE:GE) struggling Power and Water business, which deals in gas, solar and wind energy, has redoubled research efforts on efficient power distribution. “We’re starting to ...

SCHENECTADY, NY, August 2, 2001 — GE Distributed Power secured contracts during the first six months of this year to supply midrange power generation equipment for installations in California and the ...

The three-year plan will see the company exiting about US$20bn in industrial assets. General Electric hopes to book as much as US$10bn of sales proceeds this year. GE's Distributed Power unit sale ...

We’ll send you a myFT Daily Digest email rounding up the latest General Electric Co news every morning. General Electric has taken another step in its move to slim down and simplify its structure, ...