Francisco Partners to Acquire IBM’s Healthcare Data and Analytics Assets
IBM Release / IBM![IBM Watson Health CTO, Ted Tanner](http://corridor.imgix.net/cdc/%20Ted%20Tanner%201_1642787013709.jpg?auto=compress%2Cformat%2Cenhance&w=700&h=460&fit=crop&crop=faces%2Cedges&s=904b74bc50a5b5742bb094ec5cf01a75)
Upon close, acquisition to position new standalone company for next phase of growth
IBM (NYSE: IBM) and Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, today announced that the companies have signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business. Read more:
Editor's note: Charleston resident, Theodore Tanner, will serve as CTO