Amazon buys US medical provider as it cements move into healthcare
by Associated Press from Technology | The Guardian on (#61NP6)
One Medical, the primary care organization, will be acquired by the e-commerce behemoth in a deal valued at roughly $3.9bn
Amazon will acquire the primary care organization One Medical in a deal valued roughly at $3.9bn, marking another expansion for the retailer into healthcare services.
The Seattle-based e-commerce giant said in a statement Thursday it is buying One Medical for $18 a share in an all-cash transaction. It's one of Amazon's biggest acquisitions, following its $13.7bn deal to buy Whole Foods in 2017 and its $8.5bn purchase of Hollywood studio MGM, which closed earlier this year.
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