Menu
IBM's new US$1B acquisition will help Watson 'see'

IBM's new US$1B acquisition will help Watson 'see'

The addition of Merge's imaging data could advance personalized medicine, IBM says

IBM expects its acquisition of Merge Healthcare to give Watson the ability to "see."

IBM expects its acquisition of Merge Healthcare to give Watson the ability to "see."

IBM plans to buy Merge Healthcare in a US$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.

In effect, IBM believes the combination of the two firms will help advance its Watson cognitive computing system beyond natural language and give it the ability to "see." The goal, it said, is to shed new light on current and historical images, electronic health records and data from wearable devices.

Armed with the new capabilities, clinicians, for example, will be better able to efficiently identify options for the diagnosis, treatment and monitoring of health conditions such as cancer, stroke and heart disease. Researchers, meanwhile, will gain new insights to aid clinical trial design, monitoring and evaluation, IBM said.

Overall, the combination could better equip providers in radiology, cardiology, orthopedics and ophthalmology to deliver more personalized approaches to the diagnosis, treatment and monitoring of patients, it added.

Late last month IBM partnered with CVS Health with a focus on using predictive analytics to help manage chronic diseases. Its other health-related acquisitions this year have included Phytel and Explorys.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuesIBMhealth careSoftware as a servicecloud computingindustry verticalsinternetMergers and acquisitions

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments