International Business Machines or IBM recently announced that it plans on the acquisition of Truven\u00a0health analytics, which is a healthcare data and analytics provider. The acquisition is planned for $ 2.6\u00a0billion. Truven is about to complete its fourth year the in healthcare sector in 2016.\u00a0IBM, nicknamed as Big Blue, owing to its corporate colour, is an internation technology and innovation\u00a0company, based in Northeast US. It expects Truven to bring in around 8500 clients. This would include\u00a0the federal and state government agencies of U.S, the employers, health plans, hospitals and others added\u00a0to the IBM Watson Health portfolio.\u00a0The Watson Health venture took flight in April 2015, and with the completion of the Truven acquisition\u00a0later this year, IBM\u2019s Cloud-based system will end up story all health related information which would\u00a0revolve around 300 million patient profiles. This would happen by integrating the Watson data with\u00a0Truven data and would be used to identify health cost savings, improve results, increase efficiency and\u00a0spot fraud faster.\u00a0\u201cWith this acquisition, IBM will be the world\u2019s leading health data, analytics and insights company, and\u00a0the only one that can deliver the unique cognitive capabilities of the Watson platform,\u201d Deborah DiSanzo,\u00a0the general manager of Watson Health, stated in an interview.\u00a0With the current deal, IBM\u2019s investments would go up to above $4billion and it would focus more on\u00a0improving its healthcare capabilities. In 2012, Truven was acquired by Veritas Capital Management Fund\u00a0LLC from Thomson Reuters Corp for a price of $1.25 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
International Business Machines or IBM recently announced that it plans on the acquisition of Truven\u00a0health analytics, which is a healthcare data and analytics provider. The acquisition is planned for $ 2.6\u00a0billion. Truven is about to complete its fourth year the in healthcare sector in 2016.\u00a0IBM, nicknamed as Big Blue, owing<\/p>\n","protected":false},"author":22,"featured_media":1302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[21],"tags":[58,38],"class_list":["post-1300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-start-up","tag-ibm","tag-startups"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/02\/ibm.png","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/1300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1300"}],"version-history":[{"count":3,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/1300\/revisions"}],"predecessor-version":[{"id":1934,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/1300\/revisions\/1934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/1302"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}