The Wall Street Journal: ServiceMax to go public in $1.4 billion SPAC deal

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ServiceMax has agreed to merge with a special-purpose acquisition company in a deal that will take the maker of software for field-service technicians public, officials from the companies said.

The software company—whose current owners include private-equity firm Silver Lake, General Electric Co. 

 and the venture arm of business-software giant 

 —will merge with Pathfinder Acquisition Corp. 

 in a deal that values ServiceMax at about $1.4 billion. The companies expect to unveil the transaction later Thursday.

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