IBM closes $1B Merge Healthcare acquisition: 4 things to know

IBM, based in Armonk, N.Y., has completed the $1 billion deal to acquire medical imaging and processing company Merge Healthcare.

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Here are four things to know about the transaction.

1. Under the terms of the deal, Merge shareholders will receive $7.13 per share in cash.

2. Merge now joins IBM’s Watson Health business unit.

3. Merge will be used to augment IBM’s medical image analysis and cross-referencing capabilities within the Watson Health Cloud, which has 315 billion data points.

4. Merge clients will also be able to compare medical images against a patient’s medical history and history of similar patients.

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