Roche pays $1.9B for Ex-Googlers’ tech startup Flatiron Health
Pharma giant Roche is stepping a foot firmly in the tech world, putting down $1.9 billion to buy a software company founded by two ex-Googlers.
The company, called Flatiron Health, is developing tech for life science, academics, and hospitals. Roche was already a financial backer for the New York City-based company, previously owning 12% of Flatiron before the buyout. Adding up its existing stake, Roche is paying more like $2.1 billion to get its hands on the company.
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