Microsoft, Barnes & Noble teach Apple and Amazon a lesson about educational ebooks

Nobody partners, or negotiates deals, like Microsoft. That's evident from today's stunning agreement with Barnes & Noble, which is sure to turn the ebook market on its head. The two will jointly invest in Newco, temporary name for ebook venture that incorporates B&N's digital and College business divisions. B&N gets partner in Microsoft, which invests $300 million, for 17.6 percent stake; both parties end ongoing patent disputes, largely related to Android; and Microsoft launches Windows 8 with native Nook Reader application. All around it's win-win, after losing a decade ago. That's right, Barnes & Noble and Microsoft have been here… [Continue Reading] Continue reading at 'Betanews'

[ Betanews | 2012-04-30 00:00:00 UTC ]

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