Elbit sells Diasonics Vingmed Ultrasound to GE Medical Systems

17 Jun 2002

Elbit Medical Imaging has sold its Diasonics Vingmed Ultrasound Ltd. division to GE Medical Systems. The $228 million sale enhances GE's ultrasound imaging business while providing additional resources for Elbit to pursue additional business opportunities and bringing Diasonics' customers a broader array of imaging products. Diasonics employs about 900 personnel in Israel, Norway, and California.