Tag Archives: GE
FCC To Allow Comcast-NBC Merger If Show Exclusivity Stops On Hulu
In December 2009 Comcast Corporation (NASDAQ:CMCSA) made a deal to acquire NBC from General Electric. This deal is facing scrutiny from the government. The FCC said that one of the proposed conditions if they allow the deal to take place is that NBC would no longer have the exclusive rights to their shows on the Internet. This means that Hulu would not be the only web video service that has the rights to stream NBC shows. The three owners in Hulu are NBC, ABC, and FOX. [AllThingsD]
Categories ABC, Comcast, Comcast Corporation, FCC, Federal Communications Commission, FOX, GE, General Electric, General Electric Co, Hulu, NBC
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GE Buys Out Opal Software
General Electric Company (NYSE:GE) has acquired Opal Software, a company that designs engineering software for electric, gas, and water utilities. Opal’s software can quickly migrate data between multiple platforms. GE software can also be integrated into non-GE systems using Opal’s software.
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Categories GE, General Electric, General Electric Co, Matt McKenzie, Opal Software
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Intel And GE Form $250 Million Health-Care Alliance
Intel and GE formed an alliance to develop home health care technologies for senior citizens. The two companies will invest $250 million over the next five years on research and development of these health care technologies. These technologies will help seniors live independently.
Under the partnership, GE will market and sell the Intel Health Guide. Intel Health Guide is a care management computer system that lets medical professionals monitor patients through the Internet.
Baby boomers are getting old. So the market for independent care technologies is growing fast. Intel and GE expect this sector to grow into a multibillion dollar market.
Categories GE, Intel
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