GE Medical Systems to buy Marquette to expand line of cardiac diagnostic products
This article was originally published in Clinica
Executive Summary
General Electric's GE Medical Systems (GEMS) plans to buy the heart monitor manufacturer, Marquette Medical Systems, for about $824 million. The deal brings GEMS, a $4.5 billion leader in magnetic resonance imaging and ultrasound, two new but complementary businesses, according to its president and CEO, Jeffrey Immelt.