GE HealthCare completes $53M acquisition of AI ultrasound business
Radiology Business October 3, 2024
GE HealthCare has completed its acquisition of the clinical AI business from Intelligent Ultrasound, the two announced Tuesday.
Based in Cardiff, Wales, Intelligent Ultrasound specializes in integrated, AI-driven tools to make scans “smarter and more efficient.” Chicago-headquartered GE plans to integrate the company’s solutions into its own ultrasound business line, aiming to enhance ease-of-use.
The transaction represents an enterprise value of about $53 million (USD). Products changing hands include ScanNav Anatomy (real-time highlighting for anesthetists carrying out peripheral nerve blocks) and ScanNav Assist. The latter is an AI-based, real-time image analysis software to support sonographers during OB-GYN ultrasound exams.
“I would like to thank our outgoing [Chief Technology Officer] Nicholas Sleep, who resigned as a director of the...