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IBM Divests Watson Health Assets To Focus On Cloud And AI Businesses

 
• By Reed Miller

Investment firm Francisco Partners will acquire IBM’s Watson Health’s data and analytics assets – including Micromedex, MarketScan, and Clinical Development – for an undisclosed price.

Artificial intelligence (marcos alvarado/Alamy Stock Photo)
• Source: Alamy (Alamy Stock Photo)

[Editor's note: On 30 June, Francisco health announced that the new company formed out of the Watson Health assets is called Merative and will be based in Ann Arbor, MI and led by Gerry McCarthy, the former CEO of eSolutions, another Francisco portfolio company.]

IBM is divesting its Watson Health business to focus more resources on its platform-based hybrid cloud and artificial intelligence...

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