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Microsoft, Barnes & Noble Strike E-Book Partnership
Posted by Philipp Esselbach on: 04/30/2012 05:20 PM [ Print | 0 comment(s) ]
Deal calls for Microsoft to invest $300 million in new partnership with bookseller and drop Nook patent claims.
From InformationWeek:
Microsoft, Barnes & Noble Strike E-Book Partnership
Microsoft and Barnes & Noble have struck a partnership to produce and distribute digital books through a new, yet-to-be named Barnes & Noble subsidiary that will include the bookseller's existing Nook e-book division as well as its college textbook business. Market observers say the venture could bring much needed competition to an e-book market dominated by Amazon.
Barnes & Noble's stock was up more than 70% on the news.
Barnes & Noble's stock was up more than 70% on the news.
Microsoft, Barnes & Noble Strike E-Book Partnership
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