IBM to Purchase Truven Health Analytics for .6 Billion to Bolster Watson

IBM to Purchase Truven Health Analytics for $2.6 Billion to Bolster WatsonTruven Health Analytics is IBM’s fourth health data-related purchase over the past year In a latest development, International Business Machines Corp. (NYSE:IBM) has reported to purchase healthcare analytics firm Truven Health Analytics in a $2.6-billion deal. The acquiree will subsequently be incorporated in the IBM Watson Health division. The latest announcement comes after the billion-dollar Merge Healthcare takeover in August 2015. Truven has a massive portfolio of 8500 clients, which include federal and state agencies, employers, health plans, and hospitals. Its addition is poised to make IBM Watson Health one of the largest and most diverse healthcare-related data platforms in the world. According to the press release, the merger is expected to be completed by the year end. IBM…


Link to Full Article: IBM to Purchase Truven Health Analytics for .6 Billion to Bolster Watson