General Electric (NYSE: GE) and Intel Corporation (NASDAQ: INTC) can make an incredible, rising in the price greatly

General Electric (NYSE: GE) and Intel (NASDAQ: INTC) created an innovative company

In brief: General Electric Company (NYSE: GE) and Intel Corporation (NASDAQ: INTC) are preparing a major project in the health sector.

General Electric Company (NYSE: GE) is a mark of 16.43 points, gaining a slight plus – 0.02 (0.12%). Intel Corporation (NASDAQ: INTC) is in the red zone and is 20.78 points, losing -0.36 points (-1.73%) since the beginning of stock market trading.

General Electric and Intel will establish a joint venture in the health sector, which will develop remote services, tools and integrated solutions that monitor the chronically ill, elderly and newborn children. According to the press services of both companies, creating a company General Electric and Intel will be on an equal footing, and the shares are distributed from the ratio of 50/50. According to the report, in charge of this joint venture of GE’s unit would be GE Healthcare Home, and from Intel – Digital Health Group. “We have to rethink the model of care. The modern equipment allows us to remotely prevent, monitor and diagnose the patients. Creating a new company simply must accelerate the mass-to-market of solutions” – said the head of Intel Paul Otellini.

Anrey Torbinski
2010-08-03 18:45, Economics.

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