The first Amazon companies purchases in 2019
30/04/2019
Diego Gutiérrez
The first Amazon companies purchases in 2019
Amazon companies

Amazon has started 2019 with a fairly high rate of buying a company. The company thus continues to exploit the financial capacity and cash-flow generation it derives from its core businesses.

In 2018 Amazon barely bought four companiess, although they had an average value of $1,000M each. acquisitionsIn the first half of 2019, the number of companies acquired has already increased.

In the following post we will analyse the latest acquisitions of one of the major corporations defining technological development worldwide.

Amazon Companies: Canvas Technology

On 10 April Amazon confirmed the acquisition of Canvas Technology, an American start-up focused on the roboticsThe company has a strong focus on training for the full automation of the end-to-end product shipment process.

The company's capabilities go beyond full warehouse automation, but rather seeks to provide for the shipment of goods using autonomous driving.

As this acquisition shows, Amazon does not want to lag behind in the development of autonomous technology by pushing the most operational area that can have a direct impact on the outcome of its core business, the sale and delivery of products.

Amazon Companies: Eero

In February the company Eero was acquired by Amazon for $97 millionThe acquisition is aimed at strengthening its position in individual homes.

Eero is a company dedicated to the improvement of the Wi-Fi system in homes, the aim is to be able to get the Wi-Fi signal into every nook and cranny of the home. To simplify, we could say that it is a company that offers small-scale signal distributors and repeaters that allow the distance that Wi-Fi signals cover to be greater.

This company is focused on the US geography, where houses tend to be larger and it is often a problem to have signal in every room or in the garden.

The acquisition of Eero aims to increase connectivity, which directly affects Alexa, making it an increasingly useful and attractive product for Americans.

Amazon Companies: Dispatch

Dispatch, like Canvas Technology, is a company that works on the development of the creation of the software and hardware that allows the vehicles have full autonomy. Although the acquisition was made some time ago, it was only in February that the acquisition was made public.

In this case, the objective is none other than to acquire the patents The company's existing autonomous driving, pedestrian crossing reaction and ability to introduce small autonomous delivery vehicles on pavements for final delivery to the home, in addition to its advanced safety patents.

Amazon Enterprises: CloudEndure

CloudEndure was acquired on 8 January by $200M. This is a cloud computing company that develops software solutions business continuity for disaster recovery, continuous backups and live migration capabilities. CloudEndure is headquartered in the United States, while R&D is based in Israel.

CloudEndure as of January 2019, the date of acquisition, had raised a total of $31.2 million investors and companies such as Dell EMC , VMware , Mitsui , Infosys and Magma Venture Partners.

The acquisition of this company is linked to the development of digital solutions that Amazon is launching, expanding cloud and partner services, which form the company's fastest growing business unit.

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