Microsoft and GE Announce New Caradigm Joint Venture
Wednesday, February 15th, 2012 at 09:56
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What do you get when two companies that have yet to prove their capabilities in healthcare information technology decide to get married?
A Caradigm!
What are your thoughts on this joint venture? How long do you think this marriage will last?
REDMOND, Wash., and BARRINGTON, Ill.— Feb. 13, 2012 — General Electric Co. (GE), through its healthcare IT business, and Microsoft Corp. today announced several developments for their planned 50-50 joint venture, including the intention to demonstrate future product capabilities at HIMSS12, the year’s largest healthcare IT trade show, later this month. The new company, to be named Caradigm™, is expected to launch in the first half of 2012, pending regulatory approvals and customary closing conditions.
