From InfoWorld: IBM plans to buy Merge Healthcare in a $1 billion deal that promises to bring new image-focused capabilities to its Watson Health platform.
Under the terms of the acquisition, which was announced Thursday and is expected to close later this year, Merge shareholders will receive $7.13 per share in cash. The deal is IBM's third and largest major health-related acquisition since it launched its Watson Health unit in April.
Merge's technology provides medical image handling and processing and is currently used at more than 7,500 U.S. health care sites. IBM plans to use its Watson Health Cloud to analyze and cross-reference Merge's medical images against lab results, electronic health records, genomic tests, clinical studies and other health-related data sources amounting to 315 billion data points and 90 million unique records.
View: Article @ Source Site
