Amazon Scoops Wickr Chat App Used By Government Agencies

Amazon.com Inc’s AMZN cloud-computing business, AWS, has acquired Wickr, an encrypted messaging platform used by government agencies and enterprises, the company said in a blog post.
The financial terms of the transaction remain undisclosed.
Amazon Web Services is locked in a prolonged legal battle with Microsoft Corp MSFT over the Pentagon’s multibillion-dollar cloud deal.
Wickr offers an app that’s free to the public, along with a paid service for supporting military communications.
The San Francisco-based start-up counts the Department of Defense as one of its customers.
In April, the U.S. Customs and Border Protection purchased Wickr licenses for over $700,000, Vice reported.
Amazon.com held $73.3 billion in cash and equivalents as of Mar. 31, 2021.
Price action: AMZN shares traded lower by 1.36% at $3,402.14 on the last check Friday.