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We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member., Inc. (AMZN) Silently Acquires 2lemetry, Intensifies Internet of Things Push, Inc. (NASDAQ:AMZN) has stealthily acquired Internet of Things platform developer 2lemetry.

In an emailed statement to Computerworld on Friday, an, Inc. (NASDAQ:AMZN) spokeswoman confirmed the acquisition.

“We can confirm that Amazon has acquired 2lemetry, and we look forward to continuing to support 2lemetry customers,” the publication quotes the spokeswoman writing.

Nonetheless, it’s still not known how much, Inc. (NASDAQ:AMZN) paid for 2lemetry or if there were any other conditions agreed upon by both parties in the acquisition.

However, Computerworld notes that the Internet of Things platform developer has tried to calm its uneasy customers by saying on their website that they would not be changing their service and that they will still be using their brand and existing name going forward.

Amazon, is AMZN a good stock to buy, 2lemetry, acquisition, internet of things,, Inc. (NASDAQ:AMZN) has a reputation of acquiring companies and retaining their current leadership team to run the firms as independent business units. In fact, that’s what Emmett Shear, Twitch Interactive co-founder and CEO, gave as the reason why he and his team chose Jeff Bezos and Co. over Google Inc (NASDAQ:GOOGL) when Twitch was acquired by the internet commerce giant last year for nearly $1 billion in cash.

2lemetry raised $4 million in funding this year from investors including, inc. (NYSE:CRM)’s Saleforce Ventures. Total funding for the firm is at $9 million, according to data from TechCrunch.

Shareholders of, Inc. (NASDAQ:AMZN) includes David Gallo’s Valinor Management LLC which owned 268,130 shares of the electronic commerce juggernaut by the end of 2014. The stake which made up 2.12% of Valinor Management’s whole portfolio increased 32% quarter over quarter.

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