IBM Divests Watson Health Assets To Focus On Cloud And AI Businesses
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.
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Digital Health Roundup: Exec Chats With Illumina, Bloom, AngelMed; M&A, Funding; FDA Down-Classifies Apps
In this roundup feature focusing on new developments in digital health, Medtech Insight spotlights IBM Watson Health’s divestiture and other financing news, Exec Chats with Illumina, AngelMed and Bloom, Philips’ new hand-held ultrasound device and autonomous robotic surgery, as well as the latest FDA news on digital health.
IBM says its Watson Health division will boast “the largest and most diverse” repositories of health-related data, after sealing a $2.6bn deal to acquire Truven Health Analytics. The deal, IBM’s fourth healthcare data-related acquisition in less than 12 months, will bring more than 8,500 new clients, including US federal and state government agencies, employers, health plans, hospitals, clinicians and life sciences companies, to Watson Health’s portfolio.
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