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Amazon agrees to acquire satellite operator Globalstar, set to close in 2027, to expand Leo; Amazon and Apple say Leo will power some iPhone and Watch services (About Amazon)
About Amazon: Amazon agrees to acquire satellite operator Globalstar, set to close in 2027, to expand Leo; Amazon and Apple say Leo will power some iPhone and Watch services — Today Amazon.com, Inc. a
About Amazon: Amazon agrees to acquire satellite operator Globalstar, set to close in 2027, to expand Leo; Amazon and Apple say Leo will power some iPhone and Watch services — Today Amazon.com, Inc. and Globalstar, Inc. announced that they have entered into a definitive merger agreement under which Amazon …
Related
- Sources: Amazon is in advanced talks to acquire satellite operator Globalstar in a deal that could be announced as soon as Tuesday; GSAT jumps 15%+ pre-market (Bloomberg)
- Amazon agrees to pay 11.57B for Globalstar, or 90/share in cash or Amazon stock, assuming Globalstar meets certain HIBLEO-4 replacement satellite milestones (Reuters)
- Apple endorses the ~$11.6B Amazon-Globalstar deal, citing a 'proven track record' with Amazon infrastructure; Apple holds a ~20% stake in Globalstar (Mark Gurman/Bloomberg)
- Amazon to acquire internet satellite operator Globalstar for $11.6B
- Apple chooses Amazon satellites for iPhone, years after rejecting Starlink offer
Source: Techmeme | 2026-04-14