General Electric plans to sell key parts of its digital biz, says report


General Electric Co is looking to sell key parts of its digital business, the Wall Street Journal reported. The industrial conglomerate has hired an investment bank to organise an auction for GE Digital, the report said, citing people familiar with the matter.

The digital business, which includes GE's Predix industrial operating system and related applications, has been struggling with technical issues, and the company began seeking partnerships in 2016. The Wall Street Journal report did not reveal the exact assets for.

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