Techno-News Blog

May 9, 2012

Microsoft Carves Out a Nook

Filed under: Uncategorized — admin @ 12:15 am

by DAVID ZAX, Technology Review

I’ve called Microsoft’s alliance with Facebook a “tech bromance”; this week’s news of Microsoft’s partnership with Barnes and Noble looks more like a marriage. It has a $300 million dowry, for one thing. First, a backgrounder, in case you missed the news: Microsoft will be making a $300 million investment in a new Barnes and Noble subsidiary, called Newco for the time being, but which is essentially made up of its Nook business. B&N will own about 82% of the subsidiary, with Microsoft holding the rest. Not only is this a marriage; it’s a marriage that came after a fight: Microsoft and B&N had formerly been engaged in a patent dispute. More details on Newco can be found on the Microsoft site.

http://www.technologyreview.com/blog/helloworld/27821/?p1=blogs

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