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GE increases A123Systems stake, adds board member (from Corporate Dealmaker)

Lithium-ion battery maker A123Systems Inc. received yet another round of private financing, this time pooling $69 million. General Electric Co. (NYSE:GE) provided $15 million, making it A123's biggest cash investor with more than a 10% stake. Also, Mark Little, GE's senior vice president and director GE Global Research, joined the...

Posted on April 13, 2009 3:37 PM

GE teams with university to take digital medical technology forward (from Corporate Dealmaker)

General Electric Co.'s new venture with the University of Pittsburgh Medical Center highlights the tricky intellectual property issues that underpin many alliances. The two have formed a company called Omnyx LLC to develop and market what the partners call a "virtual microscope" that can scan and store images of human...

Posted on June 5, 2008 10:25 AM