Becker's Healthcare January 21, 2022
IBM has reached a deal with investment firm Francisco Partners to sell its data and assets from Watson Health.
The sale may be an effort to streamline IBM’s operations and focus the company on cloud-computing, the Wall Street Journal reported Jan. 21.
“IBM remains committed to Watson, our broader AI business, and to the clients and partners we support in healthcare IT,” Tom Rosamilia, senior vice president of IBM Software, said in a Jan. 21 news release. “Through this transaction, Francisco Partners acquires data and analytics assets that will benefit from the enhanced investment and expertise of a healthcare industry focused portfolio.”
The price of the...
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