Amazon Seen Spinning Off Cloud Computing Unit AWS
Amazon.com (AMZN) is likely to spin off its cloud computing arm, Amazon Web Services, says Oppenheimer. In a report on the cloud industry released Monday, Oppenheimer analyst Tim Horan says Amazon's cloud computing unit would be better off as a publicly traded subsidiary. "We believe an ultimate spinoff of AWS is inevitable due to its channel conflicts and the need to gain scale," Horan wrote. " We see the business as extremely valuable on a
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