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January 09, 2023 05:46 PM

GE HealthCare makes first acquisition as independent company

Crain's Chicago Business
Katherine Davis
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    GE Healthcare

    Not even a week after spinning off from General Electric, GE HealthCare has announced it is making an acquisition that will help bolster its imaging portfolio and expand its precision care capabilities.

    Chicago-based GE HealthCare, which spun off from General Electric on Jan. 4, has agreed to purchase Imactis, a maker of advanced radiology equipment.

    GE HealthCare did not disclose financial terms of the deal but said in a statement that it intends to fund the transaction with cash on hand. The deal is subject to regulatory approval. GE HealthCare, which makes medical imaging machines, diagnostic tools and digital products used by hospitals, did not immediately respond to a request for comment.

    Read the entire story at our sister publication Crain's Chicago Business

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