Microsoft on Monday said it will pay $300 million to get a piece of Barnes & Noble’s Nook tablet action for the Windows 8 platform. The two companies will partner in a new Barnes & Noble subsidiary which will push further into the education market. Barnes & Noble will initially create a Nook app for Windows 8. The bookseller has been seeking new ways to monetize its highly profitable Nook business since January, when it announced record sales for that division.
Loading ...
Microsoft Carves a Notch in Nook
Posted by: Richard Adhikari May 1, 2012 05:00 AMMicrosoft on Monday said it will pay $300 million to get a piece of Barnes & Noble’s Nook tablet action for the Windows 8 platform. The two companies will partner in a new Barnes & Noble subsidiary which will push further into the education market. Barnes & Noble will initially create a Nook app for Windows 8. The bookseller has been seeking new ways to monetize its highly profitable Nook business since January, when it announced record sales for that division.