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 ...

BOSTON — GE is selling its distributed power unit to Advent International for $3.25 billion as it continues to shed businesses. The deal includes distributed power’s Jenbacher and Waukesha engines and ...

Management reaffirmed revenue guidance for 2025 at $27 million to $29 million, expecting approximately 20% year-over-year growth, with Mazurek stating, "Based on the momentum we have built and our ...

Chairman and Chief Executive Officer — Nathan J. Mazurek Chief Financial Officer — Walter Michalec President, Distributed Power Solutions — Geo Murickan Management attributed the quarterly margin ...