09 Oct GE Acquires Instrumentarium
A New Digital Age and Transformation of Healthcare Expected – Connecting Information For Better, Safer Patient Care
General Electric Company (NYSE: GE), through its GE Medical Systems division, will complete the acquisition of Finland-based Instrumentarium today.
The merger is one of the most significant acquisitions in the history of the healthcare information industry and is expected to accelerate important healthcare technologies that will improve clinical confidence, medical efficiency and patient safety.
Combined, GE and Instrumentarium will offer a wide range of advanced medical imaging, patient monitoring, anesthesia delivery, critical care and information systems – putting pertinent information in the hands of clinicians and enabling faster, better and more productive care than ever before. In the future, the combined company will develop even more systems that will allow clinicians to better anticipate patients’ medical needs and treat their conditions before a life-threatening event occurs.
Instrumentarium will become the European headquarters for GE’s $2.6 billion healthcare information technology unit, and it will continue to provide significant contributions to the global business, including advanced research and development and manufacturing, among other focus areas.
GE Medical Systems is a $10 billion global leader in medical imaging, interventional procedures, healthcare services, and information technology. Its offerings include networking and productivity tools, clinical information systems, patient monitoring systems, surgery and vascular imaging, conventional and digital X-ray, computed tomography, electron beam tomography, magnetic resonance, ultrasound and bone mineral densitometry, positron emission tomography, nuclear medicine, and a comprehensive portfolio of clinical and business services. For more information, visit the GE Medical Systems Web site at www.gemedical.com.