Amazon Purchases Woot - TheStreet

NEW YORK (

TheStreet

) --

Amazon

(AMZN) - Get Report

is acquiring online retailer

Woot

.

Woot, which started in 2004 as a deal-a-day Web site, said on its company blog that it agreed to be acquired by Amazon. The terms of the deal were not revealed.

Amazon has been making strategic purchases as of late, most recently snagging online footwear retailer Zappos.

-- Reported by Jeanine Poggi in New York.

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