Thursday, March 28, 2024

Barnes & Noble, Microsoft Ink $300M Deal

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

InformationWeek: Barnes & Noble is spinning off its Nook e-reader business, and Microsoft plans to invest $300 million in the new company, which will be known as Newco for the time being. That will give the software giant a 17.6 percent share in the business. As part of the deal, Microsoft also plans to bundle the Nook software with Windows 8.

Observers say the agreement is somewhat surprising given that the two companies have been involved in a bitter patent dispute for some time.

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles