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Amazon acquires deal-a-day website Woot!

Woot! announced on Wednesday that it is being acquired by online retail giant Amazon. Known for its daily deals, marathon Woot-Offs, and the server-crashing Bag Of Crap, Woot has been a daily stop for online shoppers since 2004. Faithful wooters should not be concerned as The Carrollton, TX-based company, will continue its zany operation as an independent subsidiary of Amazon — similar to Zappos and Audible. No word on the details of the acquisition but sources from Tech Crunch estimate the deal to be worth $110 million in cash. Woot!

[Via TechCrunch]