Francisco Partners will acquire data and analytics assets from IBM that are currently part of its Watson Health business, according to a news release.
Assets that will be acquired by Francisco Partners reportedly include Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex and imaging software offerings.
Francisco Partners, with its U.S. headquarters in San Francisco, is a private equity firm that specializes in investments in technology and technology-enabled businesses.
Terms of the deal were not disclosed. The transaction is expected to close in the second quarter of this year.