Sunday, March 8, 2009

Barnes and Noble buys e-book retailer

Barnes & Noble has bought e-book seller Fictionwise.com, as part of the mega-chain's attempt to sell digital books online.

The sale cost it $15.7m and is its second attempt to sell books online after its 2000 botched atempt with Microsoft.

Fictionwise, which will be a separate business unit, offers its own eReader app for smartphones, other handheld devices, desktop computers, and laptops. Rival Amazon launched Kindle 2, the second version of its e-book reader. And earlier this week, Amazon unveiled its Kindle app for the iPhone and iPod Touch.

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