MedTech Dive July 19, 2024
Nick Paul Taylor

After purchasing Caption Health last year, GE Healthcare plans to add another artificial intelligence acquisition to the company.

Dive Brief:

  • GE Healthcare has agreed to buy Intelligent Ultrasound Group’s clinical artificial intelligence software business for approximately $51 million, the companies said Thursday.
  • The takeover will give GE control of AI-driven image analysis tools that it will incorporate into its ultrasound portfolio. GE said the tools could improve workflows and ease of use.
  • Intelligent Ultrasound agreed to sell the assets because clinical AI sales growth has been slower than expected and insufficient to fund developments to increase the value of the business.

Dive Insight:

GE already has one piece of Intelligent Ultrasound software integrated into its portfolio. Scannav Assist...

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Topics: AI (Artificial Intelligence), Medical Devices, Mergers & Acquisitions / JV, Technology, Trends
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