Truven Health Analytics Acquired For $2.6 Billion

Truven Health Analtyics, a cloud-based healthcare data provider which has an office in Santa Barbara, has been acquired by IBM Watson Health for $2.6 billion. Truven has its headquarters in Ann Arbor, Michigan. IBM said that the acquisition will bring more than 8,500 clients to its portfolio. Truven was backed by Veritas Capital.