Amazon Acquires Elemental Technologies For A Reported $500 Million In Cash

amazon-earnings-alt Amazon announced this afternoon that it’s acquiring Elemental Technologies, a backend mobile video service.
It’s paying around $500 million in cash for the company, according to a new report from The Information. (Subscription required.)
Amazon didn’t immediately return a phone call or email request for comment about that figure.
The deal was orchestrated by… Read More

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