Investors predict acquisition sprees from Amazon and Alphabet in 2021 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Here's why investors think Amazon and Alphabet are poised to make big healthcare deals in 2021

If 2021 eclipses 2020, it will be thanks to tech giants like Amazon and Google's parent company Alphabet, three investors told Business Insider. , leaving them in a good position to buy smaller upstarts and public companies. More companies than ever could be in Amazon and Alphabet's crosshairs given easy access to growth-spurring cash courtesy of healthcare's private funding gold rush and SPAC frenzy.

"I think actually you're going to see people go, Teladoc and Livongo worked so well, and all these companies went out and those went well, so you'll see more companies that go public in 2021 and there will be more M&A activity," Dr. Bob Kocher, a partner at venture firm Venrock, told Business Insider.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

YouTube CEO SusanWojcicki ‘s sister is Anne Wojcicki CEO of 23andMe. Anne was married to Google founder Sergey Brinn. He stepped down as google moved into healthcare space with ascensionorg . It’s the ultimate healthcare power play... an unconsentual DNA database.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines