Company type | Private |
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Predecessor | IBM Watson Health |
Founded | June 30, 2022 |
Headquarters | Ann Arbor, Michigan |
Key people |
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Owner | Francisco Partners |
Number of employees | 1,000–5,000 |
Website | merative |
Merative L.P., formerly IBM Watson Health, is an American medical technology company that provides products and services that help clients facilitate medical research, clinical research, real world evidence, and healthcare services, through the use of artificial intelligence, data analytics, cloud computing, and other advanced information technology. Merative is owned by Francisco Partners, an American private equity firm headquartered in San Francisco, California. In 2022, IBM divested and spun-off their Watson Health division into Merative. As of 2023[update], it remains a standalone company headquartered in Ann Arbor with innovation centers in Hyderabad, Bengaluru, and Chennai.[1]