Linked by Thom Holwerda on Mon 30th Apr 2012 11:53 UTC
PDAs, Cellphones, Wireless Barnes & Noble is spinning off its Nook e-reader business into a new company - which will be a cooperation with Microsoft. Redmond will invest $300 million into the new company, and on top of that, the two companies have settled the patent litigation, which was part of Microsoft's string of mafia practices against Android vendors. I have a sneaking suspicion this will be the end of the line for the Android-based Nook e-readers and tablets. Get 'm while supplies last.
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not really spun off
by fran on Mon 30th Apr 2012 16:32 UTC
fran
Member since:
2010-08-06

Barnes and Noble still keep a 82.4% stake in the new formed company and Microsoft 17.6%
The press release says spun off, but a majority share subsidiary is really part of the parent company so the Nook business is not really spun off.
Google, Amazon and Apple got into ebooks and publishing.
For Microsoft this is a master stroke.
It is very difficult to get book publishers onboard. With this partnership Microsoft won't have that difficulties.

Edited 2012-04-30 16:33 UTC

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