Tuesday, July 25, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Razer Tiamat Flagship Headsets Released
Adobe Pulls Plug on Flash Player
Burn-in Warranty for Samsung QLED TV Screens Extended to 10 Years
New USB 3.2 Update Doubling Bandwidth to Extend USB Type-C Cable Performance
New Motorola Z2 Force Edition Comes With 360-degree Camera Mod
Huawei Holds First Place, Xiaomi Climbs to Fourth in Chinese Smartphone Shipments
Google Adds SOS Alerts to Search and Maps
Porsche Design's Huawei Watch 2 Costs $925
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Barnes ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 04, 2012
Barnes & Noble and Microsoft Complete Partnership


Barnes & Noble and Microsoft today announced the completion of their previously announced strategic partnership in NOOK Media LLC, a recently formed Barnes & Noble subsidiary.

Microsoft and Barnes & Noble?s partnership in NOOK Media LLC will enable the companies to advance digital reading experiences to their customers.

NOOK Media LLC comprises the digital and College businesses of Barnes & Noble and will continue to have a very close and mutually beneficial relationship with Barnes & Noble's retail stores. The partnership includes a $300 million investment from Microsoft in NOOK Media LLC.

"As demand for digital content continues to increase, we are focused on bringing ground-breaking reading and learning content and technologies to more people in more formats than ever before, including the imminent launch of our exceptional NOOK reading application for Windows 8," said William Lynch, CEO of Barnes & Noble. "We look forward to working closely with our new partner Microsoft to add value to their innovative new platform by bringing great reading experiences and one of the world's preeminent digital bookstores to millions of Windows 8 users."

"NOOK Media is a leader in developing the next generation of digital reading and we look forward to the company bringing one of the world's largest digital libraries to Windows 8 devices via their upcoming Windows 8 app," said Andy Lees, President at Microsoft.

Microsoft made its $300 million investment in NOOK Media LLC at a post-money valuation of $1.7 billion in exchange for an approximately 17.6% equity stake, with Barnes & Noble owning the remaining shares.


Previous
Next
Google, Settles book-scanning Dispute With Publishers        All News        LG Brings 3D Disney Blockbusters To LG Smart TV Platform
Google, Settles book-scanning Dispute With Publishers     General Computing News      Microsoft Acquires PhoneFactor

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Paint isn't Dead Yet
Microsoft Reports Strong Profit on Cloud Demand
Microsoft to Bring Fast Internet to Rural Areas in the U.S.
Microsoft Azure Stack Now Available From Dell EMC, HPE, and Lenovo
New Microsoft 365 Software Package Includes Windows 10 and Office
Facebook, Microsoft, Twitter and YouTube Team Up To Counter Terrorism
Microsoft Patent Describes Plan to Stop Thieves Stealing Laptops
Microsoft Stream Video Services Available Worldwide
Microsoft AI Masters Pac-Man
Microsoft Windows XP and Vista Covered by Latest Security Patches Against Potential Nation-state Activity
Microsoft to buy Cyber Firm Hexadite
Microsoft Shows Always-Connected PCs, Mixed Reality Designs at Computex 2017

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .