8/3/2010

General Electric and Intel plan to form a joint venture that formalizes their existing collaboration on health care technology. The two have been working on health-monitoring systems for home use for the elderly and people with chronic diseases. Laurie Orlov, an analyst at Aging in Place Technology Watch, predicted that this market will reach $20 billion by 2020. GE and Intel's alliance will allow them to deliver products to the market faster, Orlov said.

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