Recent GE Acquisition and Partnerships

G.E. and Intel Form Health Venture
General Electric and Intel said on Monday that they had formed a joint venture to create products for patients with chronic diseases and for elderly people at home or in assisted living.
The 50-50 venture is part of a collaboration begun last year, the companies said in a statement that did not elaborate on the terms. G.E. will contribute its home health unit’s assets and Intel will contribute its digital health group’s assets, the companies said.

GE acquires ECS from SNC-Lavalin
General Electric Co. bought Montreal-based SNC-Lavalin's Energy Control Systems business and its network management and control software for an undisclosed amount.ECS makes software to improve power efficiency and reliability. Its headquarters will remain in Montreal and it will keep its staff.

GE joint venture engine gets joint certification from FAA, Europe
The advanced engine developed by a GE Aviation venture for the Boeing Next Generation 737 aircraft received joint certification from U.S. and European safety agencies.