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Apple, Google, VCs invest in health technology

August 14, 2014 /

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It’s no coincidence that archrivals Apple and Google launched competing software initiatives this summer for wearable gadgets that track fitness and health.

Health technology is hot in the Bay Area, where some of the biggest tech companies and a swarm of startups are working on everything from doctor-recommendation apps and video diagnostic services to data-crunching analytics and cutting-edge DNA sequencing.

Hoping to capitalize on the power of mobile computing, artificial intelligence and new analytics software — as well as new laws and the sense that a bloated health care industry is ripe for new efficiencies — venture capital firms and big tech companies are pouring vast sums into new medical technology.

By Brandon Bailey

[email protected]

Full Story: http://www.mercurynews.com/business/ci_26331923/apple-google-vcs-invest-health-technology

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