BioSpace Collaborative

Academic/Biomedical Research
News & Jobs
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  C2C Services & Suppliers™
Europe
Asia

DIVERSITY

PROFILES
Company Profiles

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Research Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
Get Our Industry eNewsletter FREE email:    
   

General Electric Company  (GE) Acquires Brazil Medical Equipment Maker XPRO


6/6/2012 9:06:00 AM

General Electric Co said on Tuesday it acquired Brazilian medical equipment manufacturer XPRO as it seeks to expand its presence in Latin America. Speaking at a press conference in Sao Paulo, Fernando Bertoni, head of acquisitions for GE Healthcare in Latin America, declined to give the value of the transaction but said it was a "significant amount, strategically speaking." It was financed with cash generated from operations. XPRO manufactures x-ray machines used in cardiology, neurology and therapeutic radiology. GE plans to make the machines in Brazil for export to other emerging markets such as China and Saudi Arabia, GE executives said.

Read at Reuters
Read at RTT News
Read at News Release
Read at News Release


   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES
 

//-->