A run-down of large deals in Amazon.com Inc.'s history
June 16 2017 - 5:53PM
Dow Jones News
By Justina Vasquez and Imani Moise
Amazon.com Inc.'s $13.7 billion deal to buy Whole Foods Market
is the largest acquisition in the company's history. The Seattle
company launched as an online-only book store, but has since delved
into selling groceries, producing television shows, and developing
consumer electronics.
Here are some of the company's largest acquisitions, according
to data from Thomson Reuters, to date that have helped shape its
identity as a online behemoth:
Twitch Interactive Inc.: The August 2014 purchase of Twitch for
$970 million brought Amazon deeper into video streaming as it
gained an online platform popular for broadcasts of video
gameplay.
Zappos.com Inc.: The July 2009 purchase of Zappos for $930.1
million helped Amazon expand its share in the market for shoes,
clothing and accessories.
Kiva Systems Inc.: The March 2012 purchase of Kiva Systems for
$775 million helped Amazon bring more automation to its warehouses
and improve efficiency in order fulfillment.
Quidsi Inc.: The November 2010 purchase of Quidsi--the owner of
Diapers.com and Soap.com--for $545 million pushed Amazon deeper
into selling consumer goods such as paper towels and toilet
paper.
Elemental Technologies Inc.: The October 2015 purchase of
Elemental Technologies for $296 delivered Amazon a company that
could help improve its cloud video-streaming platform.
Atlas Air Worldwide Holdings Inc.: The May 2016 deal to take up
to a 30% stake in Atlas Air for $397.6 million helped Amazon expand
its fleet of delivery jets in an effort to reduce its reliance on
third-party carriers to speed delivery times.
Alexa Internet Inc.: The April 1999 purchase of Alexa Internet
for $257 million delivered a company whose web navigation service
would allow Amazon.com to track which sites its users visit and
improve purchase recommendations based on that information.
Exchange.com Inc.: After concluding talks with Barnes and Noble
Inc., Amazon bought Exchange for $252.6 million in April 1999 to
expand its collections of rare and out-of-date books and music.
Audible Inc.: The January 2008 purchase of audiobook seller
Audible for $280 million helped Amazon add to its digital media
offerings.
*Amazon's largest acquisition prior to Whole Foods was the $1.16
billion purchase of a large chunk of its Seattle headquarters in
2012 from Paul Allen's Vulcan Inc.
(END) Dow Jones Newswires
June 16, 2017 17:38 ET (21:38 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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