IBM is once again trying to sell IBM Watson Health with aims to make more than $1 billion. This comes after a first attempt to sell the division in late 2021 due to them deeming it unprofitable. Bids were closed as of January 4th, and the winner will likely be announced later this month. Alongside Watson Health, the winner will gain the division’s many acquisitions.
According to Axios, “IBM spent more than $4 billion to build Watson Health via a series of acquisitions. The business now includes health care data and analytics business Truven Health Analytics, population health company Phytel, and medical imaging business Merge Healthcare.”
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(Source: Axios, January 5th, 2022)