Unpacking the Amazon acquisition of 2lemetry

On 12 March 2015, IoT application enablement platform (AEP) vendor 2lemetry quietly announced it was acquired by Amazon. MachNation estimates Amazon bought 2lemetry for USD90 million to USD110 million. This very discreet acquisition could be one of the biggest deals for IoT enablement in 2015. MachNation has created a short research document for our clients about this acquisition.

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