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Jabil and Amazon formalize partnership to strengthen ties in cloud-related businesses

Jan 10, 2025•over 1 year ago

Contract Type

partnership

St. PetersburgManufacturingSecurity

Description

Jabil Inc. and Amazon are formalizing a partnership aimed at strengthening ties between their cloud-related businesses. The partnership involves granting Amazon warrants to purchase shares from Jabil, incentivizing a deeper relationship with Jabil’s cloud business.

Company Information

Company

Jabil

Location

St. Petersburg, Florida, United States

About

Jabil (NYSE: JBL) is a global manufacturing solutions provider with over 50 years of experience, offering engineering, supply chain, and manufacturing services to the world’s leading brands. With more than 100 sites worldwide, Jabil combines global scale with local expertise to deliver both customized and scalable solutions, while committing to sustainable processes, environmental responsibility, and fostering diverse and vibrant communities.

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months