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The focus following General Electric Co.'s (NYSE:GE) third-quarter earnings release Friday has been on the conglomerate's finance and media holdings. Profit at GE Capital was off 87%, and the company is considering options for NBC Universal, including a possible spinoff. Getting less attention is GE Healthcare, which reported a 20%...
Posted on October 16, 2009 2:58 PM
They certainly could be, says Harris Williams & Co. managing director David Joncas, who co-leads the firm's technology, telecom and digital media group. "Healthcare IT is highly fragmented, but it's not just incumbents that will consolidate the market," says Joncas. "I wouldn't be surprised to see Oracle (NASDAQ:ORCL) expand into...
Posted on June 1, 2009 9:41 AM
GE Healthcare, a subsidiary of General Electric Co. (NYSE:GE), and Fujifilm Corp. (NASDAQ:FUJI) have announced a strategic alliance to develop biomolecular imaging systems. Fujifilm will supply image analyzing systems for bioscience research, and GE Healthcare will market and sell them under the GE brand. The companies will also collaborate to...
Posted on May 29, 2009 11:44 AM
General Electric Co. (NYSE:GE) and Intel Corp. (NASDAQ:INTC) announced an alliance Thursday to help reduce the time that sick and elderly patients spend in hospitals. The companies will invest more than $250 million over five years to develop technologies that allow doctors to monitor the health of patients remotely.The timing...
Posted on April 2, 2009 11:55 AM
General Electric Co. continues to act on its plan to exit lower-growth businesses like appliances and build up in higher-growth ones like healthcare. On the latter front, its healthcare unit just announced the acquisition of Vital Signs Inc., which supplies products for the anesthesia, respiratory and critical-care markets, for $860...
Posted on July 24, 2008 4:45 PM
The announcement of long-anticipated Google Health Thursday by CEO Eric Schmidt may be more of a preview than a full-fledged launch, as this CNet report indicates. And the offering does face many hurdles, as described in The Wall Street Journal and this Venture Beat Life Sciences post. Still, by joining...
Posted on February 28, 2008 11:43 AM
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