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Amazon.com, Inc. (AMZN)

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  • Tue, Mar. 31, 3:16 AM
    • Swiss luxury group Richemont (OTCPK:CFRUY) says it will merge its Net-a-Porter unit with Italian fashion site Yoox (OTCPK:YXOXY) in an all-share deal aimed at gaining a larger share of the fast-growing online luxury market.
    • A report last week suggested that Amazon (NASDAQ:AMZN) was in talks to buy the online luxury retailer.
    • Richemont said it will receive 50% of the combined entity, but its voting rights will be limited to 25% to preserve the unit's independence.
    • Yoox shares are up 7.1% in Italy.
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  • Fri, Mar. 27, 1:49 AM
    • Amazon (NASDAQ:AMZN) is in talks to buy online luxury retailer Net-a-Porter in what could be the biggest acquisition yet for the e-commerce giant, Women's Wear Daily reports.
    • Amazon has long coveted the high-end fashion retail sector and any deal for Net-a-Porter, which is owned by Swiss firm Compagnie Financire Richemont (OTCPK:CFRUY), could come with an approximate €2B price tag.
    | 7 Comments
  • Thu, Mar. 12, 6:02 PM
    • 2lemetry's cloud-based platform serves as middleware for large networks of Web-connected embedded devices - the proverbial Internet of Things (IoT). It translates the various protocols used by connected devices, sets messaging rules, and analyzes the data traffic it handles to derive insights.
    • The startup boasts its solution can work with any protocol or hardware platform, automatically add new devices as they join a network, and scale to millions of devices without hurting performance. Honeywell is among the company's enterprise clients.
    • Amazon (NASDAQ:AMZN) has bought 2lemetry for an undisclosed sum, and says it will continue supporting the company's clients. 2lemetry's services appear to complement AWS' Kinesis service, which provides real-time processing for massive data streams, including for data produced by IoT devices and sensors.
    • TechCrunch notes 2lemetry's Incoming service might particularly interest Amazon - it helps companies (such as retailers) interact with customers using data obtained via proximity beacons, geofencing, facial recognition, and other sources.
    • Though better known for their machine-to-machine (M2M) communications hardware, Sierra Wireless (NASDAQ:SWIR) and CalAmp (NASDAQ:CAMP) are two companies that have been going after the budding IoT service market. Sierra recently bought M2M connectivity/messaging service provider Wireless Maingate, and CalAmp has launched its Connect service platform for deploying and managing M2M devices.
    | 13 Comments
  • Wed, Mar. 4, 1:58 PM
    • A day after slumping to new post-IPO lows and coming within $0.03 of $80, Alibaba (NYSE:BABA) has seen dip-buyers emerge in large numbers. Naturally, Yahoo (NASDAQ:YHOO) is along for the ride.
    • The gains come as a Chinese publication reports Jack Ma once said he considered acquiring Yahoo, which plans to spin off its Alibaba stake into a publicly-traded company in Q4. Ma's alleged comments: "The acquisition of Yahoo is something I worked [on] a couple of years ago, this is a political problem, not an economic problem, Yahoo is a media [company], more sensitive."
    • There has already been speculation Alibaba will try to buy Yahoo's spinoff (much less politically challenging than buying the whole of Yahoo) at some point. Bloomberg's Matt Levine has noted the spinoff will have to wait a year before a deal occurs, in order to maintain its tax-free status.
    • Meanwhile, Alibaba's Aliyun cloud services unit (a giant in the Chinese cloud infrastructure market) has opened a Silicon Valley data center, its first in the U.S. For now, the data center will cater to Chinese companies with U.S. operations, but it plans to go after non-Chinese clients later this year. When it does, Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), and a slew of other incumbents will be waiting.
    | 20 Comments
  • Tue, Feb. 3, 2:24 AM
    • A new Bloomberg report suggests that Amazon (NASDAQ:AMZN) has discussed acquiring some RadioShack (NYSE:RSH) locations, joining other potential bidders, including Sprint (NYSE:S) and investment group Brookstone.
    • Amazon would use the stores as showcases for its hardware, as well as potential pickup and drop-off centers for online customers.
    • The NYSE suspended trading of RadioShack's shares yesterday, after it failed to have an average market value of at least $50M for 30 straight days.
    | 15 Comments
  • Thu, Jan. 22, 2:54 PM
    • Amazon (AMZN +4.3%) has acquired Annapurna Labs, an Israeli chipmaker that has provided few details about the silicon it's working on. The NYT reports the purchase price is $350M. The WSJ previously reported of a $350M deal price, while adding the final tab could be $375M if certain conditions are met.
    • According to the WSJ's sources, Annapurna is developing "midrange networking chips for data centers, offering improvements over existing products in terms of information-transmission rates and power consumption." Israel's Calcalist reports the company is developing "microprocessors that allow fast data traffic for low-power computing servers and storage servers."  It also notes CPU core giant ARM (NASDAQ:ARMH) is an investor.
    • AWS' data centers contain hundreds of thousands of servers running Intel (NASDAQ:INTC) x86 CPUs. Though Amazon has downplayed the efforts of 3rd-party ARM server CPU vendors, it has also hired several key engineers from defunct ARM CPU vendor Calxeda, a move that has fueled speculation Amazon is prepping its own ARM server chips. Annapurna could assist with the effort.
    • The news comes on a day in which Piper has assigned AWS a ~$32B valuation.
    • Earlier: Amazon rallies following eBay's earnings
    | 12 Comments
  • Nov. 26, 2014, 1:48 PM
    • Bloomberg reports Amazon (AMZN -0.5%) has finished internal talks to buy top Indian online fashion retailer Jabong. VCCircle reports Amazon has "completed its first level of talks" to buy Jabong, and that the deal could be worth $1.1B-$1.2B.
    • Jabong had a 1H14 GMV of INR5.1B ($82.9M) courtesy of 3.2M orders, up 3x Y/Y. The company is backed by German e-commerce VC firm/incubator Rocket Internet.
    • Indian restrictions on retail foreign investment could stand in Amazon's way. However, the new government is reportedly open to loosening e-commerce-related restrictions.
    • Amazon committed to investing $2B in India earlier this year, where it faces off against local giant Flipkart and eBay-backed marketplace Snapdeal. Alibaba just stated it plans to expand its Indian presence.
    | 2 Comments
  • Aug. 26, 2014, 12:49 PM
    • Google (GOOG -0.5%) was unable to buy Twitch due to concerns about "potential antitrust issues" related to the acquisition, Forbes reports. Due to the antitrust issues (stemming from Google's ownership of YouTube), the companies reportedly couldn't agree on a breakup fee.
    • Meanwhile, Amazon (AMZN +2.4%) is rallying amid favorable reviews for the Twitch acquisition. Analyst Jan Dawson sees Twitch expanding Amazon's advertising scale and drawing in new customers, and thinks its streaming tech could strengthen other Amazon services. "Amazon is clearly taking digital media very seriously, and spending heavily to fund it."
    • The Verge's Ben Popper observes Twitch will get to make full use of AWS, and will now have Amazon's resources to help with licensing. VC Ethan Kurzweil (a Twitch investor) thinks non-gaming use cases are possible. "We think that Amazon is investing here in Internet infrastructure and something more than gaming media ... What Twitch has really built here is a video-based community around any activity."
    • Yesterday: Amazon buying Twitch for $970M in cash
    | 23 Comments
  • Aug. 25, 2014, 4:17 PM
    • Jeff Bezos: "Broadcasting and watching gameplay is a global phenomenon ... Like Twitch, we obsess over customers and like to think differently, and we look forward to learning from them and helping them move even faster to build new services for the gaming community." (PR)
    • Twitch had 55M+ unique visitors in July, and streamed 15B+ minutes of content produced by 1M+ broadcasters. Amazon (NASDAQ:AMZN) expects the acquisition to close in 2H14.
    • Twitch is the third major digital content-related acquisition Amazon has made in the last two years: The company has also bought top book recommendation site Goodreads, and leading digital comics platform comiXology. Like Goodreads, Twitch provides a community of enthusiasts Amazon can potentially cross-sell various products to.
    • The purchase price is slightly below the $1B Google was previously reported to be offering. Re/code reports Google-Twitch talks had died before Amazon swooped in.
    • Earlier: Amazon reportedly close to Twitch deal
    | 16 Comments
  • Aug. 25, 2014, 1:41 PM
    • The Information reports Amazon (AMZN +1%) "has been in late-stage talks" to acquire popular game-broadcasting platform Twitch, and could announce a deal shortly. Prior reports stated Google (GOOG -0.4%) was close to a deal to buy Twitch for ~$1B, or had fully reached one.
    • Twitch, whose platform allows users to live-stream their gaming activity (along with running commentary), has 50M+ users and a network of 4K+ content provider partners. The startup claims its average user watches 95 minutes/day of content.
    • Buying Twitch would represent a major investment by Amazon in free (ad-supported) online video. Thus far, the bulk of the company's Web video investments have been directed towards Prime Instant Video. Amazon has also been fleshing out its own game studio.
    • The Information's report shortly follows a WSJ report stating Amazon is working on a keyword-based ad platform (called Sponsored Links) that aims to replace ads based on Google's bread-and-butter AdWords keyword platform on Amazon's site and elsewhere. Amazon has already built up a sizable ad business, aided by its volumes of customer data.
    • Update (2:05PM): The WSJ reports Amazon has agreed to buy Twitch for $1B+.
    | 3 Comments
  • Apr. 10, 2014, 4:34 PM
    • ComiXology sells individual digital comics and subscriptions for content provided by 75+ publishers, including giants Marvel and DC Comics. Deal terms are undisclosed. (PR)
    • Amazon (AMZN -4.4%) praises comiXology's mobile-friendly Guided View feature, declaring it "revolutionized the digital comics reading experience." The company had enabled 200M+ comic downloads as of last September, and its Comics app has been on the App Store's top-grossing app lists for some time.
    • Amazon hasn't been shy about buying popular content distribution platforms. Past acquisitions in this realm include Audible and Lovefilm.
    • Earlier: Bezos' 2014 shareholder letter
    | 3 Comments
  • Dec. 17, 2013, 11:54 AM
    • Amazon (AMZN -0.3%) has acquired Gopago, a startup that has developed a smartphone/tablet-based point-of-sale platform for retailers. Among other things, the platform allows consumers to pre-pay for goods via Android/iOS apps.
    • TechCrunch notes media reports don't make it clear if Gopago's team will be joining Amazon. On the other hand, a co-founder does say Amazon will use Gopago's technology for an "ambitious" new project.
    • Plenty of companies are already targeting the mobile POS software/services market. While mobile payments juggernaut Square (reportedly eying a 2014 IPO) has seen the most success, PayPal (EBAY +0.1%) is also moving aggressively in this space, and recently added support for swipe-free Bluetooth payments. Other players include Intuit, Groupon, and VeriFone.
    • Amazon's online/mobile payments ambitions appear to be expanding: Two months ago, the company launched a fully-fledged PayPal rival that's available to anyone with an Amazon account. PayPal, meanwhile, recently bought rival Braintree.
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  • Oct. 10, 2013, 4:16 PM
    • TenMarks provides custom online math courses for K-12 students backed by instruction services. The company's core service is free to schools throughout the year, but a premium service is also provided.
    • Amazon (AMZN) claims TenMarks' programs have been "used by tens of thousands of schools," and plans to "develop rich educational content and applications, across multiple platforms" in tandem with the startup. Deal terms are undisclosed. (PR)
    • Two future possibilities: the integration of TenMarks' services with Amazon's Kindle hardware/apps, and promotions tied to Kindle textbook sales and rentals.
    | 4 Comments
  • Aug. 13, 2013, 11:13 AM
    • BlackBerry (BBRY +9%) is now up 27% since Reuters first reported the company is thinking of going private. The company's enterprise value (excludes $3.1B in cash/investments) has grown to $3B.
    • While Prem Watsa reportedly talks to both P-E firms and "industry players" about a deal, the NY Post reports BlackBerry would prefer to be acquired by a "Google-like" buyer rather than a P-E firm. One source speculates Amazon (AMZN - believed to be interested back in 2011, and possibly able to leverage BlackBerry's NOCs to bolster AWS) could be an option.
    • AllThingsD reports Silver Lake "has no interest in working with Watsa or BlackBerry" on a bid.
    • Another upgrade has come in: Scotia Capital has lifted shares to Outperform.
    • More on BlackBerry
    | 44 Comments
  • Jun. 4, 2013, 11:12 AM
    IBM paid ~$2B to acquire SoftLayer, Bloomberg and the NYT report. GigaOm notes the startup "could help bring order" to the "extremely messy legacy code" behind IBM's Smart Cloud offerings. An IBM exec claims SoftLayer provides needed expertise for supporting private and hybrid clouds, as IBM offers value-added software/services on top of basic infrastructure offerings. Will IBM/SoftLayer pose a challenge to Amazon Web Services (AMZN)? Like AWS, SoftLayer claims many Web/cloud firms as clients, and its support for hybrid server environments is a selling point. But it remains to be seen if IBM will match AWS' aggressive pricing. The purchase comes as IBM protests a $600M deal Amazon scored with the CIA.
    | 5 Comments
  • May 13, 2013, 1:43 PM
    Amazon (AMZN) has bought Samsung's (SSNLF.PK) Liquavista e-reader display unit, The Digital Reader uncovers via Dutch regulatory filings; Amazon has subsequently confirmed the purchase. Past rumors indicated Samsung was trying to sell Liquavista, which was developing low-power color displays relying on a process called electrowetting, to Amazon for less than $100M. Look for Liquavista's tech to appear in future Kindle e-readers.
    | 3 Comments
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Company Description
Amazon.com Inc is an online retailer. The Company sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offerselectronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States