FAIRFIELD, Conn., and SANTA CLARA, Calif. — A new joint healthcare venture between GE and Intel was launched on Monday, and both companies promise it will improve the quality of life for seniors.
The new company, called Intel-GE Care Innovations, “will develop technologies that support healthy, independent living at home and in senior housing communities,” both firms said. Care Innovations already has installed an executive team and board of managers “to support the new company’s transition and future growth,” according to the statement.