Today in the connected economy, Amazon acquires primary care provider One Medical in an effort to expand its healthcare offerings.
Meanwhile, Uber announces an expansion to its grocery delivery services, and Arvest Bank launches a partnership with Google Cloud.
Amazon to Buy One Medical for $3.9B to Expand Healthcare Offerings
Amazon is hoping to expand its healthcare offerings by acquiring tech-powered primary care provider One Medical.
The retail goliath says it will acquire One Medical for $18 per share in an all-cash transaction worth about $3.9 billion, including One Medical’s net debt. As part of the sale, Amir Dan Rubin will stay on as One Medical’s chief executive officer.
“The opportunity to transform healthcare and improve outcomes by combining One Medical’s human-centered and technology-powered model and exceptional team with Amazon’s customer obsession, history of invention and willingness to invest in the…
