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GE HealthCare Acquires Intelligent Ultrasound for $51M

GE HealthCare Acquires Intelligent Ultrasound for $51M

GE HealthCare acquires clinical artificial intelligence (AI) software business of Intelligent Ultrasound for approximately $51M.

What You Should Know: 

GE HealthCare (Nasdaq: GEHC) announced an agreement to acquire the clinical artificial intelligence (AI) software business of Intelligent Ultrasound Group PLC (Intelligent Ultrasound) for approximately $51M. 

– The acquisition is expected to close in the fourth quarter of 2024, subject to customary closing conditions. GE HealthCare will finance the deal with existing cash reserves. The strategic acquisition signifies GE HealthCare’s dedication to advancing AI-powered ultrasound technology, aiming to improve workflows, reduce burdens on healthcare professionals, and ultimately deliver better patient care.

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