Amazon is to acquire Woot.com, an Internet retailer based in Texas. It was founded by electronics wholesaler Matt Rutledge and debuted on July 12, 2004. Woot’s main website generally offers only one discounted product each day, often a piece of computer hardware or an electronic gadget. The terms of the deal were not disclosed. Woot HQ will remain in Carrollton, Texas, and will operate as autonomously as other Amazon companies like Zappos and Audible.
Woot had plenty to say about the acquisition. See below.
- Letter from Matt Rutledge (CEO – Woot.com) to All Woot Employees
- “We Got Acquired By Amazon”: one of the fifty best rapping-monkey-puppet-corporate-acquisition-hip-hop videos of the year.
- BREAKING: Woot To Be Acquired By Amazon, Then Left To Amuse Ourselves
Location: USA, Carrollton, TX
Ref: F231109-525
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