IBM sells parts of the Watson Health Business unit to Francisco Partners
IBM sold some software products and assets from its Watson Health business to Francisco Partners, a private equity firm. The deal's announcement came on Friday, a year after reports first came out that IBM was entertaining the notion to sell the unit.
In February of 2021, The Wall Street Journal... Read more
IBM plans to sell its Watson Health division for more than $1 billion
IBM has plans to sell its Watson Health unit. The establishment aims to receive more than one billion from sales.
Last February, IBM initially planned to sell the Watson Health unit. In the previous year, the Watson Health division was rumored to earn more than 1 billion dollars yearly revenue. ... Read more
‘IBM to sell Watson Health branch’
There are rumours that IBM is planning to sell its Watson Health branch. IBM aims to streamline its activities more and no longer consider the branch profitable enough.
The Wall Street Journal writes this based on people familiar with the matter. IBM would like to focus more on the world of clou... Read more
IBM Watson Health pulls plug on Drugs Discovery service
IBM's Watson Health business unit stops offering its Drugs Discovery service due to disappointing sales figures. The AI-based platform is used by pharmaceutical companies to apply artificial intelligence (AI) in the development of new drugs. However, the service remains active for existing customers... Read more