Amazon Internally Pitched $38B Deal To Buy HubSpot: Report

  • In August, the team in charge of Inc AMZN Amazon Web Services marketing software, Pinpoint, recommended acquiring HubSpot Inc HUBS in a $38 billion deal, Business Insider reports.
  • The AWS business application team struggled to grow despite multiple product launches.
  • The main AWS infrastructure business is getting commoditized, and peers are catching up.
  • HubSpot provides cloud-based marketing, sales, and customer service software platform referred to as the growth platform. 
  • Price Action: HUBS shares traded higher by 0.98% at $810.62 on the last check Friday.
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