Amazon’s Most Notable Acquisitions to Date

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Most Notable Acquisitions by Amazon

The Briefing

  • Amazon plans to acquire Metro-Goldwyn-Mayer (MGM) for $8.45 billion
  • This move would add 4,000 films and 17,000 TV shows to Amazon Studios’ content library

Amazon’s Most Notable Acquisitions To Date

Big Tech just keeps getting bigger.

On May 26, 2021, Amazon announced its plan to acquire Metro-Goldwyn-Mayer (MGM) studios for $8.45 billion, making it the company’s second largest acquisition to date.

Amazon has acquired multiple companies across a variety of sectors from healthcare to entertainment, helping diversify its core revenue. In total, the tech giant has acquired or invested in over 128 different companies over the last 20 years.

Top 10 Amazon Acquisitions by Value

In 2017, Amazon paid $13.7 billion to purchase Whole Foods Market—this remains the company’s largest acquisition to date.

The Whole Foods acquisition provided brick-and-mortar space for Amazon to sell some of its flagship devices, like the Echo Dot. It also allowed Amazon to gather valuable shopping data on its customers, to better understand their offline shopping preferences.

Here’s how Amazon’s top 10 acquisitions by value stack up in comparison:

Rank Company Acquired Announced Date Acquisition Value
#1 Whole Foods Market Jun 16, 2017 $13.7 billion
#2 Metro-Goldwyn-Mayer May 26, 2021 $8.5 billion
#3 Zoox Jun 26, 2020 $1.2 billion
#4 Zappos Jul 22, 2009 $1.2 billion
#5 Ring Feb 27, 2018 $970 million
#6 PillPack Jun 28, 2018 $839 million
#7 Twitch Aug 25, 2014 $775 million
#8 Kiva Systems Mar 19, 2012 $753 million
#9 Souq Mar 27, 2017 $580 million
#10 Quidsi Nov 8, 2010 $545 million

Prior to Wednesday’s announcement, the purchase of robotaxi company Zoox was Amazon’s second largest acquisition. According to their reported agreement, Amazon has the rights to use Zoox’s transport technology for ride-hailing or logistics (delivery) services.

The acquisition of MGM will add 21,000 films and TV shows to Amazon’s content library, helping Amazon keep up with the fierce competition in the content streaming industry. MGM owns the rights to “The Handmaid’s Tale” series and “Shark Tank,” as well as the James Bond and Rocky franchises.

Full List: Amazon’s Most Notable Acquisitions

While far from exhaustive, here’s a look at some of Amazon’s most notable acquisitions since 1998, as shown in the graphic:

Year Company Acquired Acquisition Value Post-Acquisition Status
1998 IMDb $55,000,000 Active under own name
1999 LiveBid.com $300,000,000 Incorporated/defunct
1999 PlanetAll $280,000,000 Incorporated/defunct
1999 Alexa Internet $250,000,000 Active under own name
1999 Junglee $250,000,000 Incorporated/defunct
2008 Audible $300,000,000 Active under own name
2009 Zappos $1,200,000,000 Active under own name
2010 Quidsi $545,000,000 Incorporated/defunct
2011 LoveFilm $312,000,000 Incorporated/defunct
2012 Kiva Systems $775,000,000 Incorporated/defunct
2014 Twitch Interactive $970,000,000 Active under own name
2015 Elemental Technologies $500,000,000 Incorporated/defunct
2015 Annapurna Labs $350,000,000 Incorporated/defunct
2017 Whole Foods Market $13,700,000,000 Active under own name
2017 Souq.com $580,000,000 Incorporated/defunct
2018 Ring $839,000,000 Active under own name
2018 PillPack $753,000,000 Active under own name
2019 CloudEndure $250,000,000 Incorporated/defunct
2019 Eero $97,000,000 Incorporated/defunct
2020 Zoox $1,200,000,000 Active under own name
2021 Metro-Goldwyn-Mayer $8,450,000,000 Active under own name

»Like this? Then you might enjoy this full length article on the Biggest Tech Mergers and Acquisitions of 2020

Where does this data come from?

Source: Crunchbase
Notes: Values are in $USD, non-inflation adjusted

The post Amazon’s Most Notable Acquisitions to Date appeared first on Visual Capitalist.

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