IBM Seeks Buyer for Watson Health Unit: Report

In the latest determination by International Business Machines CEO Arvind Krishna to reposition the tech elephantine by streamlining and restarting growth, Big Blue has hired BofA Securities to find a purchaser for its Watson Health artificial-intelligence-software concern according to a report. IBM‘s looking for a terms of much than $1 billion.

According to Axios, which cites “people acquainted with the situation,” IBM (ticker: IBM) wants to exit its health-care vertical market, aft spending much than $4 cardinal connected a bid of acquisitions...