Home / M&A Activity / GE to Buy Medical Analytics Software Firm CHCA; Jan De Witte Comments

GE to Buy Medical Analytics Software Firm CHCA; Jan De Witte Comments

acquisitionGeneral Electric (NYSE: GE) has agreed to purchase Montreal-based operating room management software provider CHCA Computer Systems for an undisclosed sum.

GE intends for the deal to further its strategies to grow the company’s healthcare software business and promote industrial Internet use in medicine, GE said Wednesday.

The company expects the close the transaction within the second quarter of its 2014 fiscal year.

Jan De Witte, GE Healthcare IT president and CEO, said the business seeks to build an integrated analytics platform for managing outcomes in surgical patients.

GE and CHCA jointly distribute CHCA’s Opera application that works to help hospitals plan surgeries, assign work schedules and manage supplies availability in real time.

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