en.wikipedia.org/wiki/IBM_Watson
3 corrections found
In 2022, IBM divested and spun-off their Watson Health division into Merative, which was sold to Francisco Partners
IBM did not spin off Watson Health into Merative and then sell it. IBM sold Watson Health's healthcare data and analytics assets to Francisco Partners, and Francisco Partners later launched the standalone company Merative after the deal closed.
Full reasoning
IBM's January 21, 2022 announcement says Francisco Partners would acquire healthcare data and analytics assets from IBM that were part of the Watson Health business. It does not describe IBM as spinning the business off into Merative. After the acquisition closed, Francisco Partners announced on June 30, 2022 that it had completed the acquisition and that the new standalone company would be called Merative. In other words, Merative was the post-acquisition company name created under Francisco Partners' ownership, not a company IBM spun off and then sold.
2 sources
- Francisco Partners to Acquire IBM's Healthcare Data and Analytics Assets
IBM and Francisco Partners ... 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.
- Francisco Partners Completes Acquisition of IBM's Healthcare Data and Analytics Assets; Launches Healthcare Data Company Merative
Francisco Partners ... completed the acquisition of healthcare data and analytics assets that were part of IBM's Watson Health business ... Under the ownership of Francisco Partners, the new standalone company will be called Merative.
now Anthem
WellPoint's current corporate name is not Anthem. Anthem changed its name to Elevance Health in 2022.
Full reasoning
The article labels WellPoint as "now Anthem," but that is no longer the current corporate name. Anthem announced in June 2022 that it was rebranding as Elevance Health, with the change taking effect on June 28, 2022. The same announcement also says Wellpoint was launched as a separate health-plan brand under Elevance Health, which makes "now Anthem" especially misleading.
1 source
- Anthem Announces Subsidiary Brands Under Elevance Health
As Anthem, Inc. moves closer to rebranding to Elevance Health, Inc. later this month ... On June 28, Anthem will become Elevance Health ... The company will also launch the Wellpoint brand.
Steve Rohr
The New York Times reporter's name is Steve Lohr, not Steve Rohr.
Full reasoning
The 2021 New York Times article quoted here, "What Ever Happened to IBM's Watson?", was written by Steve Lohr. A reprint of the article preserves the byline as "By Steve Lohr," so the article's reference to "Steve Rohr" misspells the reporter's name.
1 source
- What ever happened to IBM's Watson? | Technology News - The Indian Express
Premium What ever happened to IBM's Watson? ... By Steve Lohr ... This article originally appeared in The New York Times.