The combined company will build on standards work being done by NEMA (the Association of Electrical and Medical Imaging Equipment Manufacturers) and will make the protocols and interoperability standard available to any EVSE network operator for a small licensing fee, according to Pat Romano, president and CEO of ChargePoint.

FORBES: EV Charging Networks Join Forces

As an example, consider MRI and CT scanners: high-tech, high-cost medical imaging equipment that enable much more accurate diagnoses and treatment planning.

FORBES: How Venture Capital Helps Drive Up Health Care Costs

It's another step in GE's efforts to focus on less glamorous but theoretically more profitable ventures such as manufacturing medical imaging equipment, airplane engines and electrical generators.

WSJ: General Electric gets out of the TV business

He designs life-saving, award-winning medical imaging equipment, MRI machines, and he's had a fantastic career at GE.

CNN: You are the creative type

Colorado MEDtech, of Boulder, Colorado, makes an assortment of medical equipment from catheters and respiratory equipment to radio frequency amplifiers used in magnetic resonance imaging systems.

FORBES: The hot ones