IBM may sell its $1 Billion Watson Health Business, says Report
Shortpedia
Content Team
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IBM is mulling to sell its Watson Health business that is generating nearly $1 billion in annual revenue but is not profitable. The Wall Street Journal reported that IBM is exploring a potential sale of its Watson Health business, as CEO Arvind Krishna "moves to streamline the company and become more competitive in cloud computing". IBM currently has a market value of $108 billion, way behind Cloud-computing rivals.
