GE HealthCare to Expand its AI-Based Portfolio Through the Acquisition of Intelligent Ultrasound’s Business Unit
Shots:
- GE HealthCare has agreed to acquire the clinical AI software business of Intelligent Ultrasound Group for ~$51M, with a cash on hand funding. The transaction is anticipated to close in Q4’24
- Through the acquisition, the company will integrate these AI solutions to expand its ultrasound portfolio, enhancing workflows and patient care quality
- The company will also incorporate R&D experts of Intelligent Ultrasound, enabling AI-based image recognition & innovation for GE HealthCare Women’s Health ultrasound devices and a broader portfolio
Ref: GE HealthCare | Image: GE HealthCare
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Disha is a content writer at PharmaShots. She is passionate and curious about recent updates and developments in MedTech and Pharma industry. She covers news related to clinical trial results and updates. She can be contacted at connect@pharmashots.com.
