M&A Deal Summary

GE Healthcare Acquires Intelligent Ultrasound AI Business

On July 18, 2024, GE Healthcare acquired medical products company Intelligent Ultrasound AI Business from Intelligent Ultrasound Group for 51M USD

Acquisition Highlights
  • This is GE Healthcare’s 13th transaction in the Medical Products sector.
  • This is GE Healthcare’s 8th largest (disclosed) transaction.
  • This is GE Healthcare’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2024-07-18
Target Intelligent Ultrasound AI Business
Sector Medical Products
Buyer(s) GE Healthcare
Sellers(s) Intelligent Ultrasound Group
Deal Type Divestiture
Deal Value 51M USD

Target

Intelligent Ultrasound AI Business

Cardiff, United Kingdom
Intelligent Ultrasound's AI business is a provider of integrated AI-driven image analysis tools designed to make ultrasound smarter and more efficient.

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Buyer(S) 1

Buyer

GE Healthcare

Westborough, Massachusetts, United States
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 31 of 31
Sector (Medical Products) 13 of 13
Type (Divestiture) 3 of 3
Country (United Kingdom) 4 of 4
Year (2024) 2 of 2
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-08 MIM Software

Cleveland, Ohio, United States

MIM Software is a global provider of medical imaging analysis and artificial intelligence (AI) solutions for the practice of radiation oncology, molecular radiotherapy, diagnostic imaging, and urology at imaging centers, hospitals, specialty clinics, and research organizations worldwide. MIM Software was founded in 2003 and is based in Cleveland, Ohio

Buy -

Seller(S) 1

SELLER

Intelligent Ultrasound Group

Cardiff, United Kingdom
Category Company
Founded 2004
Sector Education
Employees58
Revenue 5M GBP (2020)
DESCRIPTION

Intelligent Ultrasound Group is a provider of advanced ultrasound skills training simulators for medical professionals. Intelligent Ultrasound Group was founded in 2004 and is based in Cardiff, the United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 BabyWorks

Cardiff, United Kingdom

BabyWorks is an ultra-realistic baby manikin offering a safe and effective training tool for Point of Care Ultrasound (PoCUS) and Echocardiography in pediatric and neonatal care. BabyWorks is based in Cardiff, United Kingdom.

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