Amazon’s Cloud Chief Eyes Acquisitions, Expanding Market Lead
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Amazon.com Inc.’s cloud chief Adam Selipsky said the e-commerce giant doesn’t plan to spin off its profitable Amazon Web Services division.
“We have no current plans to spin out” the cloud unit, Selipsky said Wednesday in an interview on Bloomberg Television, addressing a question occasionally raised by analysts and journalists. “We think that our customers are very well served by having AWS be a part of Amazon.”