Amazon acquires Audible for $300 million
Amazon has acquired Audible.com, provider of audio books and other spoken word audio content, for $300 million in cash and short-term investments.
“This deal brings together two pioneering companies that share a long history of ceaseless focus on improving the customer experience,” said Donald Katz, founder and chief executive of Audible.com. “We are very excited to be joining a company as innovative as Amazon.com.”
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