M&A Deal Summary

GE Healthcare Acquires IDX Systems

On September 29, 2005, GE Healthcare acquired information technology company IDX Systems for 1.2B USD

Acquisition Highlights
  • This is GE Healthcare’s 1st transaction in the Information Technology sector.
  • This is GE Healthcare’s 2nd largest (disclosed) transaction.
  • This is GE Healthcare’s 3rd transaction in the United States.
  • This is GE Healthcare’s 1st transaction in Vermont.

M&A Deal Summary
Date 2005-09-29
Target IDX Systems
Sector Information Technology
Buyer(s) GE Healthcare
Deal Type Add-on Acquisition
Deal Value 1.2B USD

Target

IDX Systems

Burlington, Vermont, United States
website
IDX Systems Corp. provides information technology solutions to maximize value in the delivery of healthcare, improve the quality of patient service, enhance medical outcomes, and reduce the costs of care. Our systems are deployed to serve approximately 150,000 physicians and are installed at over 3,400 customer sites, including more than 850 group practices and approximately 370 integrated delivery networks servicing more than 500 hospitals.

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Buyer(S) 1

Buyer

GE Healthcare

Westborough, Massachusetts, United States

website

Category Company
Founded 1994
Sector Medical Products
DESCRIPTION

GE Healthcare, a unit of General Electric Company is a provider of medical technologies and services. GE Healthcare has expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, life sciences, drug discovery, and biopharmaceutical manufacturing technologies. GE Healthcare is based in Westborough, Massachusetts.

DEAL STATS #
Overall 3 of 30
Sector (Information Technology) 1 of 4
Type (Add-on Acquisition) 3 of 27
State (Vermont) 1 of 1
Country (United States) 3 of 22
Year (2005) 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-09-20 Data Critical

Bothell, Washington, United States

Data Critical Corp. provided wireless telemedicine solutions using paging networks. The company's family of products included a portable trans-telephonic ECG receiving and reporting system and a computerized graphic wireless receiver for patient-monitoring systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-15 Biacore International AB

Uppsala, Sweden

Biacore International AB is a pro­vider of life science tools for pro­tein research.

Buy $390M
Mergr

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