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Amazon to Acquire Globalstar for $11.57 Billion

Primul articol: 14 apr. 2026, 16:55 | Ultima actualizare: 14 apr. 2026, 16:55 | 1 sursa | 1 articol
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Amazon is making a significant investment in its satellite infrastructure by acquiring Globalstar for $11.57 billion. This acquisition signals Amazon's intent to expand its reach in providing internet services, particularly to underserved and remote areas. Globalstar's existing satellite network and technology will be integrated into Amazon's broader connectivity strategy.

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TechCrunch English Ram Iyer 14 apr. 2026, 16:55 (acum 9 ore)

Amazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz

Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple's "Emergency SOS" feature, for $11.57 billion in cash.

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