Monday, April 30, 2012

Microsoft Enters E-reader Market... Invests in Barnes & Noble Nook's business/college book market; Microsoft is including Nook in Windows 8!

(SACNS)


Microsoft Enters E-reader Market... Invests in Barnes & Noble Nook's business/college book market; Microsoft is including Nook in Windows 8!

'Microsoft Corp. MSFT +0.08% is making a $300 million investment in Barnes & Noble Inc.'s BKS +62.65% Nook digital-book business and college-texts unit [...].

Microsoft will have a 17.6% stake in a new subsidiary [...]

As part of the move, there will be a Nook application included in the new Windows 8, which is scheduled to have a release preview in early June.'

Source: Wall Street Journal | 'Microsoft to Invest in Barnes & Noble's Nook' by GINA CHON And SHIRA OVIDE at Updated April 30, 2012, 7:13 a.m. ET

http://online.wsj.com/article/SB10001424052702303916904577375502392129654.html?mod=wsj_share_goog
Microsoft to Invest in Barnes & Noble's Nook »
Microsoft is investing $300 million in Barnes & Noble's Nook digital-book business and college-texts unit in a move that helps value the Nook business.

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