Microsoft is set to invest $300 million in Barnes and Noble's Nook business, Microsoft announced Monday. With that investment, Microsoft will have a 17.6 percent stake in a newly formed subsidiary that will handle B&N's digital and college bookstore businesses, and the partnership will result in a Nook application for Windows 8.
B&N announced in January that it was exploring a "strategic separation" of its digital business.
Microsoft and Barnes & Noble on Monday announced the formation of a new partnership that will spin the bookseller’s digital Nook and College businesses into a new unnamed subsidiary. Microsoft’s investment of $300 million will bring... Read Post
Microsoft and Barnes & Noble today announced the formation of a new Barnes & Noble subsidiary focused around the existing Nook digital e-reader and e-book business, as well as Barnes & Noble's college business. Microsoft will make a... Read Post