Philips, GE, Siemens eye Larson and Toubro medical division
International majors such as Philips, General Electric (GE) and Siemens are believed to be in the race for acquiring the medical equipment business of Larsen and Toubro (L&T).
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International majors such as Philips, General Electric (GE) and Siemens are believed to be in the race for acquiring the medical equipment business of Larsen and Toubro (L&T).
General Electric Co (GE) is scouting for acquisitions to scale up its presence in India. The diversified engineering and services major is looking across a gamut of sectors for opportunities to acquire firms, especially the core infrastructure, healthcare and the media space.
In what analysts see as a major vote of confidence for the Turkish economy, General Electric (GE) has decided to move all managing operations in the eastern and African growth markets (EAGM) to İstanbul.
[This article was published in the August 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
Philips is one of the leading players in healthcare, mainly in the markets of medical diagnostics and patient monitoring systems that include X-Ray, general ultrasound, computed tomography (CT) scanning and magnetic resonance imaging (MRI).