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Amazon buys cloud software startup

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Amazon (NASDAQ:AMZNacquired INLT for undisclosed terms, the company confirmed with Reuters late yesterday.

INLT’s software helps sellers manage costs and customs clearance of cross-border shipments, which can help Amazon merchants with importing products to the United States.

The deal has already closed and INLT will continue to serve its existing customers.

Source: M A News on Seeking Alpha
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