Companies Receive Regulatory Approvals to Form New Company, Caradigm
REDMOND, Wash., and BARRINGTON, Ill. --- June 6, 2012 --- General Electric Co. (NYSE "GE"), through its healthcare IT business, and Microsoft Corp. (Nasdaq "MSFT") today announced they have completed the formation of Caradigm™, a 50-50 joint venture aimed at enabling health systems and professionals to use real-time, organization-wide intelligence to improve healthcare quality and the patient experience.
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Chalfont St Giles, UK -- 10 May 2012 -- GE Healthcare, the healthcare business of GE (NYSE: GE) announced today that it has completed the acquisition of Xcellerex, Inc., a supplier of innovative manufacturing technologies for the fast-growing biopharmaceutical industry.
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GE announced first-quarter 2012 Operating Earnings of $3.6 billion, or $0.34 per share, up 1% and 3% respectively from the first-quarter of 2011.
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