GE Healthcare steps up involvement with portfolio company InSightec, investing much of the ultrasound technology company's latest round, with senior GE executives joining the company as chief executive and chairman.
GE Healthcare, a healthcare unit of the US-based industrial conglomerate, has invested $27.6m in Israel-based ultrasound technology company InSightec at the same time as Jim Davis, an 11 year veteran of the US-based conglomerate has joined as chief executive. At the same time Tom Gentile, chief executive of GE Healthcare Systems, has become chairman of…
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