GE Healthcare Completes Acquisition of Vital Signs, Inc., Expanding GE's Monitoring, Anesthesia and Respiratory Care Offerings
30 10월 2008 - 8:00PM
Business Wire
GE Healthcare, a unit of General Electric Company (NYSE:GE)
announced today the completion of the acquisition of Vital Signs
(NASDAQ:VITL). Vital Signs is a global provider of medical products
applicable to a wide range of care areas such as anesthesia,
respiratory, sleep therapy and emergency medicine. Vital Signs has
a broad product offering of innovative single-patient use products
which offer significant cost advantages and improved patient care
features, including reducing the likelihood of transmitting
infections from one patient to another. Vital Signs will become
part of GE Healthcare�s Clinical Systems business, a world-class
provider of advanced technologies for patient monitoring,
anesthesia delivery and acute respiratory care. The strong
strategic fit between the two businesses will offer substantial
customer benefits through complementary product and service
offerings. Omar Ishrak, President and CEO of GE Healthcare�s
Clinical Systems business commented, �We believe that combining the
skills and knowledge of the two companies will create significant
added value for our customers, bringing new technologies to
healthcare professionals worldwide. Clinical Systems is a key area
of growth for GE Healthcare and expanding our skill base and
product offering in this area supports our vision of helping
clinicians and nurses deliver the best possible care to their
patients.� ABOUT GE HEALTHCARE: GE Healthcare provides
transformational medical technologies and services that are shaping
a new age of patient care. Our expertise in medical imaging and
information technologies, medical diagnostics, patient monitoring
systems, performance improvement, drug discovery, and
biopharmaceutical manufacturing technologies is helping clinicians
around the world re-imagine new ways to predict, diagnose, inform,
treat and monitor disease, so patients can live their lives to the
fullest. GE Healthcare's broad range of products and services
enable healthcare providers to better diagnose and treat cancer,
heart disease, neurological diseases and other conditions earlier.
Our vision for the future is to enable a new "early health" model
of care focused on earlier diagnosis, pre-symptomatic disease
detection and disease prevention. Headquartered in the United
Kingdom, GE Healthcare is a $17 billion unit of General Electric
Company (NYSE: GE). Worldwide, GE Healthcare employs more than
46,000 people committed to serving healthcare professionals and
their patients in more than 100 countries. For more information
about GE Healthcare, visit our website at www.gehealthcare.com.
ABOUT VITAL SIGNS INC. Vital Signs, Inc. and its subsidiaries
design, manufacture, and market primarily single-patient-use
medical products for the anesthesia and respiratory/critical care
markets. Vital Signs also provides devices and services for the
diagnosis and treatment of obstructive sleep apnea. Vital Signs is
ISO 13485 certified and has CE Mark approval for its products. In
2007, Forbes Magazine named Vital Signs, Inc. as one of the "200
Best Small Companies in America" based on financial criteria.
Vital Farms (NASDAQ:VITL)
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Vital Farms (NASDAQ:VITL)
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