Microsoft joins forces with Barnes & Noble
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Microsoft announced that it鈥檚 investing $300 million in a new business from Barnes & Noble that will encompass the bookseller鈥檚 Nook e-book products as well as its college bookstore division.
This will be a major move for Microsoft into the e-book business, which has been dominated by Apple and other of the company鈥檚 competitors. The new partnership between Microsoft and Barnes & Noble will include a Nook app that will be in Microsoft鈥檚 new operating system, Windows 8, which is due to be released later in 2012. Through the Nook app, those with the Windows operating system will have access to Barnes & Noble鈥檚 collection of e-books, magazines and other reading materials. The Nook app is now available for iPad and Android users.
鈥淥ur complementary assets will accelerate e-reading innovation across a broad range of Windows devices, enabling people to not just read stories, but to be part of them,鈥 Microsoft president Andy Lees said in a statement.
The move comes after the two companies became embroiled in litigation last year when Microsoft sued Barnes & Noble, accusing the company of owing them money from licensing fees because of Microsoft patents that were used in the Android platform, which Barnes & Noble uses for some of its Nook devices.
According to the companies, this new business venture has settled the litigation. Barnes & Noble will possess a royalty-bearing license through the patents owned by Microsoft for the Nook.
Molly Driscoll is a Monitor contributor.