Audible

Amazon Acquires Audible For $300 Million

By Doug Caverly - Thu, 01/31/2008 - 12:34pm.

Some acquisitions are real headscratchers, leaving onlookers wondering why one company bought the other or how so much money became involved. It seems pretty reasonable, though, that Amazon has put around $300 million towards the purchase of Audible.

News Tags: Deals, Amazon, Kindle, Audible

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