Amazon is stepping up its investment in a subsidiary that works on some of the company’s most secretive products, according to a recent filing with the state of California.
Amazon Will Pump $55 Million Into Secretive California Lab
The company will also add nearly 800 jobs to the lab.
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Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.
According to the document, Amazon is investing $55 million into A2Z Development Center, a subsidiary of Amazon that houses its Lab126 outfit where products like the Fire phone and Fire TV were developed. In addition to the investment, Amazon is adding 798 jobs to A2Z and will receive a $1.2 million tax credit, according to the document.
The document was first reported on by Reuters on Wednesday morning.
Reuters also reports that Amazon is working on a new slate of hardware products for the home. One described as a “simple Wi-Fi device that could be placed in the kitchen or a closet, allowing customers to order products like detergent by pressing a button” sounds a lot like a product Amazon announced in April.
This article originally appeared on Recode.net.
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