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Amazon roundup: Acquisition talks, smart speaker race, and Digital Day

Published 12/18/2017, 10:31 AM
© Reuters.  Amazon roundup: Acquisition talks, smart speaker race, and Digital Day
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  • Axios sources say Amazon (NASDAQ:AMZN) is in advanced talks to acquire cybersecurity software company Sqrrl.
  • Purchase price rumored at over $40M. Sqrrl has raised about $30M in venture capital funding.
  • Speaker race: Amazon’s deep discounts on its Echo products have created a price war that’s a race to the bottom. The new version of the flagship Echo is currently $79.99 (down $20) and the Echo Dot is $29.99 (down $20).
  • In response, Google (NASDAQ:GOOGL) marked down its Google Home device to $79 (down $50) and the new Google Home Mini to $29 (down $20).
  • Digital Day: Amazon announces its second-annual Digital Day on December 29. Deals include mobile games, eBooks, and streaming media. See a full list of deals here.
  • Amazon shares are up 1.2%.
  • Previously: French Government Files Complaint Against Amazon (Dec. 18)
  • Now read: Can Amazon Make A Bull Out Of This Bear?


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