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Slide #51. GE — API Healthcare
GE (NYSE:GE) announced today it has agreed to acquire API Healthcare, a healthcare workforce management software and analytics solutions provider, headquartered in Hartford, WI. The acquisition aligns with GE's Industrial Internet strategy to invest in strong, innovative businesses that enhance GE's portfolio in software, data and analytics. The acquisition, subject to regulatory approval, is anticipated to close in the first quarter of 2014. Financial terms were not disclosed.
General Electric is a technology industrial company. Co.'s segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which provides wind, blades, hydro, storage, solar and grid solutions, hybrid renewables, and digital services; Aviation, which designs and produces commercial and military aircraft engines, engine components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies; and Capital, which provides financial products and services that build on Co.'s industry capabilities in aviation, power, renewables and other activities.
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