Alphabet's life sciences company Verily takes $800 million from Singapore investment company

Verily, the Alphabet company exploring health technology, has taken an $800 million investment from Temasek, an investment company based in Singapore, the companies announced Thursday.

Temasek will gain a minority stake in Verily, but the companies did not say how much in their press release.

Developing… refresh this post for the latest.

NOW WATCH: Science says parents of unsuccessful kids could have these 6 things in common

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

alphabet sai-us verily