ge

  • GE Digital snags ServiceMax for $915 million

    GE Digital snags ServiceMax for $915 million

    GE Digital announced today it was buying ServiceMax, a cloud-based field service management company, for $915 million. GE Ventures had been an investor in the company as part of the $82 million Series F round in 2015. The two companies have more in common than you might think. GE is building the Predix Platform, on top of which it hopes companies will build applications that take advantage… Read More

  • GE’s WiFi dishwasher orders detergent through Amazon Dash

    GE’s WiFi dishwasher orders detergent through Amazon Dash

    The press release for GE’s newest washing machine opens with the words, “Life is complicated enough.” I mean, fair enough. Thus far the week has been marked by one of the most bizarre presidential debates in the history of the office and a Samsung phone that just can’t seem to stop catching fire – and it’s only the Tuesday of a four-day work week. If… Read More

  • Carbon raises $81 million for international expansion of its rapid 3D-printing tech

    Carbon raises $81 million for international expansion of its rapid 3D-printing tech

    Large manufacturers of high-tech products, from luxury vehicles to elastomers and resins, have lined up to invest in and partner with Carbon (formerly known as Carbon 3D) the Redwood City, Calif. company known for its rapid, 3D-printing technologies. The three-year-old startup added $81 million in venture funding to its Series C round from strategic investors, including BMW Group, GE, Nikon… Read More

  • Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

    Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

    Pivotal has a couple of new friends with big wallets. Today it announced that Ford and Microsoft were joining EMC, VMware and GE as investment partners on a massive $253 million Series C investment with a whopping $2.8 billion valuation. It’s not a coincidence that Pivotal has been working closely with Ford over the last year to help it in its own transformation from a car company to… Read More

  • FirstBuild launches Pique, a faster cold-brew coffee maker for the home

    GE’s gadget-invention partner FirstBuild is launching Pique, a cold-brew coffee maker for the home. Coffee has turned from a daily routine into somewhat of an art form in the last few years, with drip makers, the French press, single-serve cups, pour-over and an endless supply of the latest hi-tech machines that will whip up any bean-flavored concoction to your liking. Note most… Read More

  • Poncho Launches An Alarm App So You Can Wake Up To Weather Forecasts

    Poncho Launches An Alarm App So You Can Wake Up To Weather Forecasts

    Poncho, the text/email-based weather service with personality, has today launched an iOS app that acts as an alarm clock to wake you up. Poncho launched out of betaworks in 2013 with a very simple premise: deliver the weather in a way that makes sense to the user. Instead of launching a fancy-shmancy weather app, the team launched a text and email service where the ‘Weather Cat’… Read More

  • Suddenly Every Company Is Becoming A Venture Capitalist

    Suddenly Every Company Is Becoming A Venture Capitalist

    It has often been said that every company is a software company or even a big data company, but as I attended the Intel Capital Global Summit last week, another thought occurred to me: every company is now also an investment company. The star of the show last week was Intel Capital of course, the venture arm of Intel Corporation, but it’s far from alone. Over dinner strictly by… Read More

  • GE Predicts Predix Platform Will Generate $6B In Revenue This Year

    GE Predicts Predix Platform Will Generate $6B In Revenue This Year

    Like many big companies, GE has been in the process of trying to reinvent itself, and Predix, its Industrial Internet of Things platform has been a big part of that. Today, at its annual Minds + Machine conference in San Francisco, GE announced that the Predix platform had grown into a big business with $5 billion in revenues and $6 billion in orders expected this year. The company… Read More

  • GE Adds Infrastructure Services To Internet Of Things Platform

    GE Adds Infrastructure Services To Internet Of Things Platform

    GE announced today that it was expanding its Predix Internet of Things platform to provide Infrastructure as a Service (IaaS). The IaaS market is dominated by Amazon Web Services with many others, including Microsoft, Google and IBM vying for a piece of the action. GE hopes to differentiate itself from these companies by offering infrastructure services specifically tuned to the needs… Read More

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