Amazon CEO Jeff Bezos. Photo by Bloomberg.
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Amazon Media/Telecom

Amazon to Buy Elemental for $500M

By
Steve Nellis
and
Tom Dotan
 |  Sept. 3, 2015 12:54 PM PDT
Photo: Amazon CEO Jeff Bezos. Photo by Bloomberg.

Amazon is to acquire Elemental Technologies, a backend mobile video service for more than $500 million in cash, according to a person familiar with the situation.

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