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Amazon buys semiconductor firm to bolster its cloud computing unit

(Bloomberg) — Amazon.com Inc. agreed to acquire Israeli semiconductor company Annapurna Labs, seeking to improve performance within its Amazon Web Services cloud unit. A deal has been reached but hasn’t yet closed, said Mary Camarata, a spokeswoman at Amazon Web Services. She declined to comment on the terms. Acquisition talks were reported earlier by Israeli newspaper Calcalist, […]

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