Microsoft Makes $300M Investment In New Barnes & Noble Subsidiary To Battle With Amazon And Apple In E-books (crunchgear?)
Barnes & Noble has found a new, major partner in its fight to get an edge over Amazon and Apple in the market for e-books and the devices being used to consume them: it is teaming up with Microsoft in what the two are calling a strategic partnership, name yet to be determined. It will come in the form of a new subsidiary of B&N that will include all of its Nook business as well as its educational College business. Microsoft is making a $300 million investment in the subsidiary, valuing the company at $1.7 billion in exchange for around 17.6 percent equity in the subsidiary. The news leaves the door open for B&N to eventually spin these off into a separate business altogether -- or even sell them to Microsoft. And it leaves a load of questions about what B&N will do next with the Nook, which is currently built on a forked version of Google's Android platform.
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The Pippi Longstocking Collection (Pippi Longstocking / Pippi Goes on Board / Pippi in the South Seas / Pippi on the Run) $41.93 Features include: •MPAA Rating: G•Format: DVD•Runtime: 358 minutes… |
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Elsse Premium Folio Case for Kindle Fire Cover – Black $11.99 Important Elsse is fully committed to the brand and its products. Please keep the Elsse Logo Card for our unbeatable warranty commitment Please read on if you feel that the case does not stand up correctly. The PU Leather material needs some time to break in. Once it breaks in, the platform that touches the table will lay flat and will have enough support for it to stand up stably. To speed up … |