3 Views on Amazon’s $3.9 Billion Acquisition of One Medical – TechCrunch
Then it was Rumored to be up and running earlier this month, it shouldn’t come as a huge surprise that One Medical has found a new home. After a frenetic public offering, the American healthcare and technology company’s value to consumers plummeted below its IPO price, an obvious target for the right buyer.
But after CVS left the table, it wasn’t a healthcare company that took over the previous venture, Habibie, nor did it turn into a platform played by private equity. Instead, Amazon acquired it in a deal worth about $3.9 billion. At $18 per share, One Medical is exiting the public markets at a higher price than when it was underwritten — a win of sorts for the unprofitable company.
But what should we take away from the Amazon deal? We’ve covered the news on TechCrunch, and TechCrunch+ has researched what the smaller company can do for its new mom, so we’ve come together to share some additional thoughts on the matter.
From Walter ThompsonAnd the Miranda Halpern And the Alex Wilhelmfollows three Amazon-One Medial transaction perspectives.
Walter Thompson: The Amazon is the black hole created by the death of a Main Street retailer
The CEO of One Medical said the Amazon acquisition of his company is an “opportunity to transform healthcare and improve outcomes.” But I interpreted the $3.9 billion pending purchase as a bright, flashing signal that the world’s largest retailer is not afraid of regulatory oversight or interference. Amazon has gone beyond revenue generation: At this point, the company is pretty much there to accumulate additional mass.
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