Google is investing $100 million in telehealth provider Amwell, which will use Google Cloud
Google’s cloud division is investing $100 million in Amwell, formerly known as American Well, a company that builds technology for virtual doctors’ visits. The company has filed to go public, and Google’s investment will be a concurrent private placement at the IPO price.
As part of the partnership, Amwell will move parts of its business from Amazon Web Services, which it currently uses, to Google Cloud. Specifically, Amwell is selecting Google cloud as its “preferred global cloud partner” and moving some video performance capabilities to that platform, the companies said in a press release. The two companies will also cooperate on technology and build out a dedicated sales effort to expand Amwell’s footprint in the sector.
All of the major technology companies are...