Monday, November 18, 2013
CareFusion Acquires GE Healthcare Division For $500M
San Diego-based CareFusion announced this morning that it is spending $500M to acquire the Vital Signs division of GE Healthcare. GE's Vital Signs division manufactures single-patient-use consumables for respiratory care and anesthesiology. CareFusion said that Vital Signs has annual revenues of approximately $250M. The company explained the acquisition will help it with its long term growth strategy, help create scale, and increase its presence outside the United States.