Monday, December 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Galaxy A8, A8 Plus and LG K Series to Appear at CES
North Korea Behind attacks on Cryptocurrency Exchanges: report
BlackBerry Ends Support for Priv, Talks About the Future of BB10
Google to Shut Down Project Tango in March 2018
Facebook Admits Spending Time on Social Media is Bad for You
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
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 Plans Expansion of Redmond Campus
Microsoft Expands Deal With SAP to Use and Sell More of Each Other's Cloud Services
Top Black Friday deals from Microsoft
Microsoft Cloud Continues to Grow, Powers First Quarter Results
Microsoft to Buy Wind Energy From GE's new Wind Farm in Ireland
Microsoft Brings the Edge Browser to iOS and Android
Microsoft Announces First Windows S Devices, Brings cloud, AI and Mixed Reality to Businesses
Windows Creators Update Available in October
Microsoft Surface Devices Fail on Reliability
Microsoft Coco Framework Improves Performance and Governance Characteristics of Enterprise Blockchain Networks
New Microsoft keyboard brings Windows Hello to Windows 10 PCs
Microsoft pays up to $250,000 for Windows 10 bugs

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 .