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September 3, 2015 08:23 pm GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wqn3aM5kIPQ/
Amazon Acquires Elemental Technologies For A Reported $500 Million In Cash
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/wqn3aM5kIPQ/
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