Friday, 24 March, 2023

IBM's Watson Health Division on sale for $1B

<p>IBM is looking to sell the Watson Health Division for $1B+, according to media reports. The company spent more than $4B to build Watson Health via multiple acquisitions --health care data and analytics business Truven Health Analytics, population health company Phytel, and medical imaging business Merge Healthcare. The unit was generating roughly $1B but was unprofitable, according to WSJ&#39;s report. Sources said it continues to lose money to date.</p>