Amazon is acquiring online retailer Woot.com, according to an announcement on Wednesday on Woot's company blog, though financial details were not disclosed.
According to the post, Woot — like Zappos and Audible before it — will remain an autonomous unit and not part of the main Amazon shopping experience.
In a note to Woot employees, founder Matt Rutledge said: "We plan to continue to run Woot the way we have always run Woot — with a wall of ideas and a dartboard. From a practical point of view, it will be as if we are simply adding one person to the organisational hierarchy, except that one person will just happen to be a billion-dollar company that could buy and sell each and every one of you like you were office furniture."
For more on this story, see Amazon acquiring eccentric retailer Woot.com on CNET News.






