FHC
2021-02-19
Better concentrate on main business
IBM Explores Sale of IBM Watson Health
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The unit, which employs artificial intelligence to help hospitals, insurers and drugmakers manage their data, has roughly $1 billion in annual revenue and isn’t currently profitable, the people said.</p>\n<p>Its brands include Merge Healthcare, which analyzes mammograms and MRIs; Phytel, which assists with patient communications; and Truven Health Analytics, which analyzes complex healthcare data.</p>\n<p>It isn’t clear how much the business might fetch in a sale, and there may not be one.</p>\n<p>IBM, with a market value of $108 billion, has been left behind as cloud-computing rivals Microsoft Corp. and Amazon.com Inc. soar to valuations more than 10 times greater. 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