IBM Attempts To Divest Watson Health This Time For Over $1B

  • International Business Machines Corp IBM revived its sale process for IBM Watson Health, Axios reports.
  • IBM looks to procure over $1 billion from the sale. IBM spent over $4 billion to build Watson Health via acquisitions. 
  • Watson Health now includes health care data and analytics business Truven Health Analytics, population health company Phytel, and medical imaging business Merge Healthcare.
  • IBM first explored a sale of the division in early 2021.
  • Price Action: IBM shares traded higher by 2.71% at $141.75 on the last check Wednesday.
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