GE Ventures is reportedly being considered for a spinoff as part of an ongoing, wide-ranging reorganisation of General Electric.
US-based industrial and power technology producer General Electric (GE) intends to divest its corporate venturing unit, GE Ventures, MedCity News reported yesterday, citing two sources who disclosed the news independently.
GE Ventures was launched in 2013 as a successor to the firm’s GE Capital unit (which still operates as a financial services provider) as well as a clutch of separate funds that focused on areas such as healthcare and energy, with a brief to invest $150m a year on behalf…
