Amazon.com Inc said on Monday it had acquired Liquavista NV from Samsung Electronics Co to help the world's largest Internet retailer develop new displays for mobile devices. Amazon also launched its own digital currency, Amazon Coins, on Monday, allowing people to purchase apps and games in its app store and on its Kindle Fire tablet computers.The purchase price for Liquavista was not disclosed. Bloomberg News reported earlier this year that Samsung was seeking less than $100 million for the business. Samsung bought the Netherlands-based company in early 2011 for an undisclosed sum. A Samsung spokeswoman did not respond to requests for comment on Monday.Amazon is the leading e-reader company and has a range of Kindle Fire tablets that compete with Apple Inc's dominant iPad and similar gadgets from Google Inc and Samsung.Amazon is also testing and developing other gadgets, such as smart phones and an Internet-based set-top TV box, according to recent reports in The Wall Street Journal and Bloomberg Businessweek.
Amazon.com, Inc. (Amazon.com), incorporated on May 28, 1996, serves consumers through its retail websites and focus on selection, price, and convenience. Shares of AMZN traded higher by 0.05% or $0.14/share to $263.77. In the past year, the shares have traded as low as $191.60 and as high as $284.72. On average, 3442660 shares of AMZN exchange hands on a given day and today's volume is recorded at 1602252.
Google Inc. (Google) is a global technology company focused on improving the ways people connect with information. Shares of GOOG fell by 0.26% or $-2.33/share to $877.90. In the past year, the shares have traded as low as $556.52 and as high as $844.00. On average, 2320560 shares of GOOG exchange hands on a given day and today's volume is recorded at 1202014.
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