Saturday, 3 February, 2024

IBM to sell off Watson Health to  focus on cloud

<p>IBM is deliberating the sale of IBM Watson Health business to help newly appointed CEO Arvind Krishna focus on cloud computing operations. They are also considering alternatives like a sale to a private equity firm or a merger with a blank-check company. The unit generates about $1bn of annual revenue and isn&rsquo;t profitable. IBM has been trying to boost its share of the revenue from hybrid-cloud software and services with a $34bn deal with RedHat.</p> <p>&nbsp;</p>