Finanzas: Report: Amazon Acquires Biba Systems For Video Messaging

 

Quick Take

Internet retailer and enterprise services giant Amazon (NASDAQ:AMZN) has apparently acquired video communications tool startup Biba Systems for an undisclosed amount, according to a GeekWire report.

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Transaction amount and terms on the ‘stealth’ deal are unknown.

Amazon could use the technology in a number of ways, making it a potential addition to its AWS service, gaming offering Twitch and for internal purposes.

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We’ll possibly learn more in the coming week at the annual AWS re:Invent conference.

Target Company

San Francisco-based Biba was founded in 2012 by CEO Carlin Wiegner and co-founders Adam Marks, Eric Yoo, Aaron Gowatch and John D’Alessio.

The company has created a ‘mobile-first’ video conferencing and messaging app aimed at business users.

For more information: Seeking Alpha

Fuente: Seeking Alpha


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