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Amazon’s acquisition of online retailer Woot com to maintain independent operations

Beijing on July 1st news, according to foreign media reports today, Amazon has acquired buy site Woot.com, but did not disclose the financial terms of the transaction.

Woot Matt · CEO (Matt Rutledge) on the company’s blog, said the acquisition will not change the way Amazon operating site. He said in a joking tone: "for Woot, our goal remains the same: to make money through vicious comments and trash."

Amazon spokesman Craig · Berman (Craig Berman) said that the deal is expected to be completed by the end of September. Amazon is currently available in the website Gold Box column to buy service. Acquisition of Woot shows that Amazon is interested to continue to buy this way to attract Internet shoppers.

Woot was founded in the summer of 2004, the site every day to come up with a large discount merchandise to sell, usually printers and other consumer electronics products. Over the past few years, Woot has added a number of different discount sites, including the sale of wine and T-shirts website.

Larter Raiche said in a telephone interview, since 2006, Amazon has been a small shareholder of the company. Larter Raiche said that when Amazon invested in the company, there is no indication that Amazon will be fully acquired the company, but he thought that this day will come.

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