Amazon is taking a huge bite out of the fresh food business with its bid for Whole Foods Market for $13.7 billion. But even though this is a deal between two companies, it’s not just the two of them being touched by it. The intersection between the food and tech industries has been playing out for years now, sprouting dozens of food startups; efforts from large tech companies to move… Read More
from Amazon – TechCrunch https://techcrunch.com/2017/06/16/winners-and-losers-in-amazons-13-7b-purchase-of-whole-foods/?ncid=rss
Amazon today said it would make a bid to acquire Whole Foods for $13.7 billion, making it the largest acquisition for the company by far. The next-closest acquisition in price is $1.2 billion for Zappos, which happened all the way back in 2009. Since then it’s made a few big-ticket purchases like Twitch (around $1 billion) and Kiva Systems (a bunch of robots for around $775 million),… 