Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (Michael Kan/PCMag)

May 29, 2026 - 04:41
Updated: 1 month ago
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Amazon acquiring Apple's 20% stake in Globalstar satellite provider.

Michael Kan / PCMag:
Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger  —  Amazon has revealed that it's taking over Apple's 20% stake in Globalstar as part of its $11.6 billion acquisition of the satellite communications provider.

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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