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IBM Explores Sale of IBM Watson Health – The Wall Street Journal

Business has roughly $1 billion in revenue and isn’t profitable, sources say

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International Business Machines Corp. is exploring a potential sale of its IBM Watson Health business, according to people familiar with the matter, as the technology giants new chief executive moves to streamline the company and become more competitive in cloud computing.
IBM is studying alternatives for the unit that could include a sale to a private-equity firm or industry player or a merger with a blank-check company, the people said. The unit, which employs artificial intelligence to help hospitals,…

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