Ama­zon ac­quires Italy based soft­ware firm

The Pak Banker - - COMPANIES/BOSS -

Ama­zon Web Ser­vices, the cloud com­put­ing arm of Ama­ Inc (AMZN.O), said it has ac­quired NICE, a soft­ware de­vel­oper for tech­ni­cal com­put­ing.

The com­pany said signed an agree­ment it has

with NICE, which is also a cloud com­put­ing firm, and ex­pects the deal to close in the first quar­ter of 2016. ( No fi­nan­cial terms were dis­closed. Italy-based NICE has cus­tomers in in­dus­tries rang­ing from aero­space to in­dus­trial, en­ergy and util­i­ties.

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