Filed under Health · 2022
IBM Watson Health
2015 - 2022, 7 years old
IBM's flagship healthcare AI division that promised to use Watson to diagnose disease, match cancer treatments, and run hospital analytics.
Watson Health spent years and billions on flagship oncology and analytics deals that underdelivered, with high-profile partners like MD Anderson walking away and clinicians reporting unsafe treatment recommendations. IBM announced on January 21, 2022 that it would sell the bulk of the unit to private equity firm Francisco Partners for a reported price above $1B. The buyer rolled the assets into a new company, Merative, ending the Watson Health brand and its broader AI-for-medicine pitch.
- Founded
- 2015-04
- Shut down
- 2022-01-21
- Funding raised
- Undisclosed
- Years alive
- 7
- Founders
- IBM