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GE HealthCare to acquire clinical artificial intelligence business from Intelligent Ultrasound Group PLC

PUBLIC · GEHCJul 18, 2024

Acquiring Company

GE HealthCare Technologies

Acquired Company

Intelligent Ultrasound Group PLC

ChicagoCardiffOtherInformation TechnologyBiotechnologyHealth CareMedicalMedical DeviceHealth DiagnosticsInformation TechnologyBiotechnologyHealth CareArtificial IntelligenceMedicalMedical DeviceMachine LearningImage Recognition

Description

GE HealthCare, a global medical technology and digital solutions innovator, has entered into an agreement to acquire Intelligent Ultrasound Group PLC’s clinical artificial intelligence (AI) software business for approximately $51 million. The acquisition aims to integrate advanced AI-driven image analysis tools from Intelligent Ultrasound into GE HealthCare’s ultrasound portfolio, strengthening capabilities, improving workflows, and simplifying exams for clinicians and patients.

Quick answer

GE HealthCare Technologies is acquiring Intelligent Ultrasound Group PLC, announced July 18, 2024. GE HealthCare Technologies is based in Chicago, Illinois, United States.

How much did GE HealthCare Technologies pay for Intelligent Ultrasound Group PLC?
The deal value was not disclosed.
What does GE HealthCare Technologies do?
GE HealthCare Technologies Inc. is a global medical technology company specializing in pharmaceutical diagnostics, imaging analytics, and digital solutions.
Where are GE HealthCare Technologies and Intelligent Ultrasound Group PLC based?
GE HealthCare Technologies is based in Chicago, Illinois, United States. Intelligent Ultrasound Group PLC is based in Cardiff, Wales, United Kingdom.
Who are the decision-makers at GE HealthCare Technologies?
Fundz holds 5 contacts at GE HealthCare Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GE HealthCare Technologies

Location

Chicago, Illinois, United States

About

GE HealthCare Technologies Inc. is a global medical technology company specializing in pharmaceutical diagnostics, imaging analytics, and digital solutions. With a focus on precision care strategy, GE HealthCare aims to deliver innovative digital solutions across care pathways for more precise, connected, and efficient care across disease states.

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Frequently asked

Who acquired Intelligent Ultrasound Group PLC?

Intelligent Ultrasound Group PLC was acquired by GE HealthCare Technologies, based in Chicago. The deal was reported on July 18, 2024. GE HealthCare Technologies Inc. is a global medical technology company specializing in pharmaceutical diagnostics, imaging analytics, and digital solutions. GE HealthCare Technologies is publicly traded (GEHC) and operates in Other.

When did GE HealthCare Technologies acquire Intelligent Ultrasound Group PLC?

GE HealthCare Technologies's acquisition of Intelligent Ultrasound Group PLC was reported on July 18, 2024. GE HealthCare, a global medical technology and digital solutions innovator, has entered into an agreement to acquire Intelligent Ultrasound Group PLC’s clinical artificial intelligence (AI) software business for approximately $51 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Intelligent Ultrasound Group PLC do?

Intelligent Ultrasound Group PLC is a pioneer in integrated AI-driven image analysis tools specifically designed to make ultrasound smarter and more efficient. It is privately held, operating in Information Technology, and is based in Cardiff.

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