Another Corporate Split In 2015? Edge calls out Amazon
Dec 16, 2014
By Meghan Ottolini, Editor and Joseph Tsidulko of CRN:
2014 was the year of splits— both for HP and Symantec. Now, as we round out the year, could Amazon be next? A leading investment firm with a good track record in calling corporation breakups predicts Amazon will spin off its Web services business in 2015. The Edge Consulting Group says the spinoff would raise the total valuation of Amazon, which has struggled to turn quarterly profits. The consulting group predicts AWS’ value on…