Amazon pays $11.5B to satisfy satellite-envy while cowering in Musk's shadow
The Register
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Deal only comes with 24 operational sats, but also an Apple deal, spectrum licenses, and plenty of IP
Amazon has agreed to pay more than $11.5 billion to expand its satellite constellation by about two dozen units with the acquisition of Globalstar.
But it's more about the underlying technology that Amazon hopes will help it catch Elon Musk's Starlink. …
Amazon acquires Globalstar for $11.6B
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Amazon buys satellite operator Globalstar for $11B to challenge Elon Musk’s Starlink
NY Post —
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Amazon to buy satellite firm Globalstar for $11.57bn in challenge to Musk’s Starlink
The Guardian —
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Amazon to Buy Satellite Operator Globalstar for $11.6 Billion
Bloomberg —
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Amazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz
Techcrunch —
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Amazon to Buy Satellite Operator Globalstar for $90 a Share