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GE Healthcare Completes Acquisition Of X-ray Equipment Manufacturer XPRO

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6/5/2012 2:29 PM ET

GE Healthcare, an unit of General Electric Company (GE: Quote), said Tuesday that it has acquired a Brazilian Interventional X-ray equipment manufacturer XPRO. Terms of the transaction were not disclosed.

The company noted that this acquisition will combine XPRO's Interventional X-Ray product capabilities with GE Healthcare's complementary imaging technology and global distribution presence.

XPRO will be part of GE Healthcare's Detection & Guidance Solutions business.

Hooman Hakami, President & CEO, GE Healthcare -Detection & Guidance Solutions, said, "This acquisition is very complementary to our existing product portfolio and helps to enhance a set of products that allow our global customers -particularly those in emerging markets-to build minimally invasive (MIS) capability, increase patients access to MIS, while also reducing costs."

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by RTT Staff Writer

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