Amazon to Buy Globalstar for $11.6 Billion [4YtYVrLeksV]
Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg's Michelle Davis reports. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: Get the latest in tech from Silicon Valley and around the world here: Connect with us on... X: Facebook: Instagram: Follow Ed Ludlow on X here: Follow Caroline Hyde on X here: Listen to the daily Bloomberg Technology podcast here: More from Bloomberg Business Connect with us on... X: Facebook: Instagram: LinkedIn: TikTok: