GE HealthCare
The company's Precision DL speeds up screening time, enhances the image quality of PET/CT scans and improves small lesion detection.
The newly independent company reported $372 million in net income with revenue of $4.7 billion, an 8% increase year-over-year.
The deal marks GE HealthCare's second announced acquisition since it debuted as an independent company early this year.
The newly spun-off GE HealthCare entered into an agreement to acquire IMACTIS, developer of CT interventional guidance technology.
Dr. Taha Kass-Hout joins the newly spun-out company from Amazon Web Services.
GE HealthCare began trading on Nasdaq as an independent company on Wednesday.
The companies will develop an AR-based system for physicians to examine 3D images and collaborate with care teams in different locations.
The deal comes about a week after GE announced new details about its plans to spin off its healthcare unit.
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Healthcare institutions will be successful if they unite clinical medicine and data science, says Simon Philip Rost, CMO at GE Healthcare Enterprise Digital Solutions.
The Egyptian non-profit has teamed up with GE Healthcare to utilise AI to assess how well a patient is responding to neoadjuvant therapy, commonly used prior to surgery.