(Corrects to show Wetekam is CEO of GE Healthcare in Germany,
not of all General Electrics' German operations)
FRANKFURT, Sept 22 General Electric plans
to make acquisitions in Germany to raise its market share in CAT
scan and MRI technology, the company's new chief of GE
Healthcare in Germany told a magazine.
"Especially in the high-end segment we want to double, in
some areas even triple, our market share," Volker Wetekam told
Wirtschafts Woche weekly, according to an excerpt of an article
to be published on Monday.
He said the company plans to spend a "considerable" sum on
acquisitions, without elaborating.
"We are looking for companies that move us forward in terms
of technology, not just in Germany but globally. We are
currently holding talks," he said.
General Electric employs about 1,800 people at its medical
technology business in Germany. It plans to hire about 100 more
staff to expand its research department in the country and form
new partnerships with university clinics, the article said.
(Reporting by Maria Sheahan; Editing by Hugh Lawson)