The Red Monkey

Woot On Being Acquired By Amazon: Woot! via @techcrunch

by jaredwestfall on Jun.30, 2010, under Randomness

Woot has been acquired by Amazon, as they briefly note on their blog today with a big “woot!” Well, okay, their exact words were “Holy crap!”

This is a great deal for daily online bargin service as, similar to Zappos and Audible, they’ll continue to be run autonomously under the Amazon banner. The company will remain in Texas. Terms of the deal have not been disclosed.

Woot shot to popularity with their “one deal per day” idea. Similar timed deal ideas have since become very popular for sites like Gilt (for fashion) and Groupon (for food and activities). The company also has always had an interesting sense of humor and has not shied away from having deals on things as diverse as handguns.

Here’s their full post on the acquisition:

Holy crap! Woot has signed an agreement with Amazon – yes, the Amazon – to become an independent subsidiary of the ecommerce colossus. Woot HQ will remain in Carrollton, Texas, and will operate as autonomously as other Amazon companies like Zappos and Audible. More details forthcoming after we pick our eyeballs up off of the floor. Anybody see where Lefty rolled off to?

Posted via email from jaredwestfall’s posterous


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