“How do you make money? Spinoffs, split-ups, liquidations, mergers and acquisitions.” - Mario Gabelli, American Stock Investor and CEO of Gabelli Asset Management.
Now is that statement all true? In the world of technology, acquisitions are a common strategy for large companies to expand their capabilities, enter new markets, or eliminate competition. However, not all acquisitions lead to success. IBM's ambitious Watson Health initiative, boosted by the success of its Watson AI in other industries, eventually failed due to a series of critical errors. Despite IBM investing around $4 billion to expand its Watson Health portfolio and purchasing many startups, including Truven, Phytel, Explorys, and Merge, the effort failed to meet its expectations. A crucial cause was a lack of
Translucent AI Targets Financial Pain Points of Healthcare Providers
Mukundan Sivaraj
