GE Healthcare Acquires Assets of Steady State Imaging

GE Healthcare, a Waukesha, Wis.-based unit of General Electric Company announced it has acquired the assets of Steady State Imaging (SSI), a Minneapolis based company that develops novel magnetic resonance imaging (MRI) technology. The terms of agreement were not disclosed.

Through this acquisition, GE Healthcare’s Magnetic Resonance Imaging business expands its current advanced technology portfolio with the addition of the University of Minnesota’s SWIFT method, which allows the visualization of tendons, ligaments and other tissues not normally seen using conventional imaging methods. The SWIFT method has gained interest among MRI researchers for its potential for imaging in areas near the lungs and other parts of the body where conventional MRI is not typically effective.