Amazon Acquires Woot

Amazon has made Woot one of its subsidiaries. While we hope that the site will not lose its cleverness after falling under the conglomerate's virtual thumb, we think that this comment posted by Woot CEO Matt Rutledge says it best:

"Over the next few days, you will probably read headlines that say "Matt Rutledge revealed to be monstrous pseudo-human creation of Jeff Bezos." You might even see this photo making the rounds. Rest assured that these rumors have nothing to do with our final decision. We think now is the right time to join with Amazon because, quite simply, every company that becomes a subsidiary gets two free downloads until the end of July, and we very much need that new thing with Trent Reznor's wife on our iPods."

Via Woot

Read More in: News | Steals and Deals

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