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Amazon acquired data analysis and search company in May

Published 07/20/2017, 11:59 AM
Updated 07/20/2017, 11:59 AM
© Reuters.  Amazon acquired data analysis and search company in May
  • Amazon (NASDAQ:AMZN) acquired data analysis startup Graphiq in May, according to the Los Angeles Times.
  • Sources claim the deal was valued around $50M.
  • Why would Amazon want Graphiq? The startup’s data collection included products, places, and people so users could better compare services or products in one space – a breadth of knowledge that could benefit the education of Alexa.
  • Graphiq had previously put out an Alexa app that answered user requests for the best product in a sector or other product comparison information.
  • Previously: Amazon's Alexa passes 15K skills (July 5)
  • Now read: Amazon, Whole Foods, And American Antitrust Laws


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