Why Jim Cramer Likes General Electric's Acquisition of Prismatic Sensors

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General Electric's  (GE) - Get Report GE Healthcare announced Friday that it has acquired Swedish startup Prismatic Sensors, a company that specializes in photon-counting detectors for medical x-ray imaging that it said will dramatically improve body-scan imaging.

In a statement, GE said it will apply Prismatic Sensors’ technology, called PCCT, or Deep Silicon Detectors, that uses silicon and other materials to allow for more advanced medical imaging and diagnoses in the areas of oncology, cardiology, neurology, and more.

“We believe this technology has the potential to be a substantial step forward for CT imaging to establish a new standard of care and eventually improve clinical outcomes for millions of patients worldwide,” GE Healthcare CEO Kieran Murphy said in the statement.

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