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Startups & Tech

Amazon acquires Italy-based software firm

Published Fri, Feb 12, 2016 · 10:37 AM
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[NEW YORK] Amazon Web Services, the cloud computing arm of Amazon.com Inc, said it has acquired NICE, a software developer for technical computing.

The company said it has signed an agreement with NICE, which is also a cloud computing firm, and expects the deal to close in the first quarter of 2016. No financial terms were disclosed.

Italy-based NICE has customers in industries ranging from aerospace to industrial, energy and utilities.

REUTERS

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