UK-based GE Healthcare, a unit of General Electric Company, recently announced that it has completed the acquisition of VersaMed Corporation, based in Pearl River, NY, a provider of portable critical care ventilators for respiratory care.
The merger will enable the expansion of GE Healthcare’s capabilities in respiratory care management, offering healthcare professionals a range of unique advanced life support ventilators to meet a variety of patient needs and care settings.
Financial terms were not disclosed.
VersaMed’s line of high-performance portable ventilators include its flagship product, the iVent201 ventilator, a compact, portable, intensive care-grade ventilator for use in hospitals for acute and sub-acute care, in emergency transport and in the home.
GE Healthcare’s Clinical Systems business is a provider of advanced technologies for acute respiratory care.
According to the companies, the strong strategic fit between the two businesses will offer substantial customer benefits through complementary product and service offerings.
