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VMware to Acquire Startup CloudHealth in Push to Grow Cloud Offerings

SAN FRANCISCO (Reuters) – VMware Inc will acquire CloudHealth Technologies as part of the information technology company’s continued push into cloud-based software services, the company announced on Monday. The Palo Alto, California, company will pay approximately $500 million for the Boston-based startup, sources familiar with the matter told Reuters. VMware will purchase CloudHealth for the company’s cloud management platform, VMware Chief Executive Pat Gelsinger told Reuters.… Read more

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Frequently Asked Questions About HIPAA Compliance in the AWS Cloud

Today, we continue a series of AWS cloud compliance FAQs by focusing on the Health Insurance Portability and Accountability Act (HIPAA) and protected health information (PHI). AWS’s Healthcare and Life Science customers are doing important things for their customers in the AWS cloud, and we are excited to work with our partners to help tackle medical advancements at scale.… Read more

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10 Ways Technology Is Changing Healthcare

Be bold, curious and informed! Are you afraid that robots will take over the jobs of nurses, doctors and other healthcare professionals? Are you scared that artificial intelligence will control the world within a couple of years? Do you have nightmares about virtual reality addicted kids and adults running around in their non-existent dream world?… Read more

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This 29-Year-Old Landed $500 Million to Develop a New Way to Fight Cancer

COMPANY PROFILE COMPANY: SQZ Biotech HEADQUARTERS: Boston, MA FOUNDERS: Armon Sharei, 28 YEAR FOUNDED: 2013 MONEY RAISED: $6 M EMPLOYEES: 25 WEBSITE: sqzbiotech.com/ Inc.‘s 11th annual 30 Under 30 list features the young founders taking on some of the world’s biggest challenges. Here, meet SQZ Biotech. When Armon Sharei was a chemical engineering PhD student at MIT in 2008, he joined a team toiling to transfer compounds into living cells–a difficult task, but one that could help scientists research diseases or discover new drugs.… Read more

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Telehealth services surging despite questions about value

The business of offering consumers virtual visits with physicians is booming even as questions about the quality of care and cost effectiveness of those services remain unresolved. American Well, a Boston-based telehealth firm, raised $81 million in December. Dallas-based Teladoc, which offers access to doctors through voice or video, raised $50 million in September.… Read more