GE Healthcare
 |
|
| Subsidiary | |
| Industry |
Health care Pharmaceuticals Electronics Manufacturing |
| Founded | 2004 |
| Headquarters | Chicago, Illinois, United States |
|
Area served
|
Worldwide |
|
Key people
|
John L. Flannery (CEO) |
| Products |
X-ray, CT, MRI, ECG and Ultrasound machines Bone densitometry Patient monitoring Incubators and respiratory care systems |
| Services |
Medical equipment Technology solutions for drug discovery and biopharmaceuticals Solutions for clinicians and health care administrators |
| Revenue |
 US$14.85 billion (2014) |
|
US$2.67 billion (2014) |
|
|
Number of employees
|
46,000+ |
| Parent | General Electric |
| Website | www |
GE Healthcare is an American pharmaceutical company and medical equipment manufacturer. It is a subsidiary of General Electric (GE), formerly headquartered in Little Chalfont, Buckinghamshire, United Kingdom; in early 2016 headquarters were moved to Chicago. The company provides medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, bio pharmaceutical manufacturing technologies and performance solutions services.
In 1893, C.F. Samms and J.B. Wantz founded the Victor Electric Company in a basement. By 1896 they made electrostatic generators for exciting x-ray tubes and electrotherapeutic devices. They had a staff of six and a capital of $3,000 invested in the company.
Victor Electric plunged into the x-ray business and by 1896 (one year after Roentgen’s discovery) were making x-ray machines. The business grew rapidly and so, in 1896, moved into new premises three times the original size, but this did not solve the space problems and the company made 3 moves by 1899.
Victor Electric had competitors. In 1896, G.A.Frye began making x-ray tubes, which in 1897 was purchased by Swett & Lewis as the first merger in the x-ray business.
During the first years, it was easier to keep up with the competition than space requirements. By 1903, Victor Electric had outgrown its facilities at 418 Dearborn St. in Chicago and bought two floors of a building at 55 Market Street, Chicago. This was again only a temporary stop; by 1910 it was too small and the firm moved again in 1911 to a building at the corner of Jackson Blvd. and Damen Avenue. This was the first permanent home of Victor Electric Co. They stayed there 35 years and during this time, gradually acquired all the space in the building and several around it.
During the first 20 years of the x-ray business, many new names appeared. In 1901 the Western Electric Coil Co. was formed. In 1902 MacAlaster & Wiggin purchased the x-ray tube business of Swett & Lewis. Two other companies were the Radio Electric Co., which was later to be known as Snook-Roentgen Manufacturing and the Scheidel Western X-Ray Coil Co. In 1907, Homer Clyde Snook introduced the Snook apparatus, the first interrupterless device produced for X-ray work. The Snook apparatus was manufactured in England.
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Wikipedia