Francisco Partners, an investment firm, has bought healthcare data and analytics assets of IBM’s Watson Health business, which will be called Merative.

Merative delivers value across the healthcare ecosystem, serving clients in the life sciences and imaging sectors.

“Merative has market-leading products, top clients and talented leadership,” said Gerry McCarthy, CEO of Merative. “With the commitment, support and deep experience of Francisco Partners, we will invest heavily in expanding the reach of these products as we continue to work with clients to improve healthcare delivery, decision making and performance.”