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IT

IBM to acquire Merge Healthcare for UDS 1 billion

Friday 7 August 2015 | 13:32 CET | News
IBM has agreed to acquire Merge Healthcare for USD 1 billion. IBM will incorporate Merge Healthcare's imaging management platform into its Watson data analytics tool. The purchase also includes the assumption of Merge Healthcare's debt, Bloomberg reports, citing IBM spokesman Steve Tomasco. Merge's shareholders will receive USD 7.13 per share. The all-cash deal, subject to regulatory review and approval from Merge's investors, is expected to close later this year.

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Categories: Internet / IT
Countries: World
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