Specialty Retail M&A » By The Online Investor Staff, updated Mon., Nov. 28, 10:38 AM
Recent mergers and acquisitions in the Specialty Retail M&A category.
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Slide #23. Amazon.com — IVONA Software
Acquirer:
Amazon.com (NASDAQ:AMZN)
Acquiree:
IVONA Software
Details:
Amazon.com, Inc. today announced that it has acquired leading text-to-speech technology company IVONA Software. IVONA delivers world-class technologies that power the "Text-to-Speech," "Voice Guide" and "Explore by Touch" features on Kindle Fire tablets. Additionally, IVONA delivers text-to-speech products and services for thousands of developers, businesses and customers around the world.
Amazon.com serves consumers through its online and physical stores. Co. also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, and Ring, and Co. develops and produces media content. Co. operates customer service centers and provides programs that enable sellers to grow their businesses, sell their products in its stores, and fulfill orders through Co. Co. serves developers and enterprises of various sizes, including start-ups, government agencies, and academic institutions, through Amazon Web Services segment, which provides a set of technology services, including compute, storage, database, analytics, and machine learning, and other services.
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Avg. Broker Rec.
 
|
Strong Buy (3.72 out of 4) 65th percentile
(ranked higher than approx. 65% of all stocks covered)
Analysts' Target Price: AMZN Stock Forecast Based on Zacks ABR data; powered by Xignite |
