IBM says it will pay $1 billion to acquire medical imaging and software company Merge Healthcare, part of an effort to boost the health care capabilities of Watson, its cognitive computing system being developed largely at the Riverside Drive labs in Ottawa.
Merge’s technology is used by 7,500 hospitals and doctor’s offices to sort medical images and scans, as well as researchers and pharmaceutical companies. IBM said Thursday it hopes to combine the company’s technology with its Watson system to help customers sort and analyze images, medical scans, lab results and other electronic health records.
The purchase is IBM’s third health-related acquisition since launching its Watson Health unit in April.
(Sponsored)
OCOBIA eyes Ottawa BIA expansion as it gears up for election year
Michelle Groulx says it’s not difficult to spot the Ottawa neighbourhoods with their own business improvement area (BIA). That’s because, she says, BIAs are a visual and experiential representation of
Borden Ladner Gervais LLP and partners lead with generosity
Borden Ladner Gervais LLP (BLG) are no strangers to supporting charities in the nation’s capital. From the Boys & Girls Club of Ottawa to Crohn’s and Colitis Canada to the
IBM has touted Watson’s ability to absorb information, learning languages and competing on “Jeopardy.” The company is exploring the supercomputer’s applications in a range of fields, from education to banking.
