Microsoft reportedly trying to buy Nook ebook ecosystem for $1 billion


TechCrunch is reporting that Microsoft is trying to buy the Nook ebook and device ecosystem — for $ 1 billion. According to documents TechCrunch has obtained, Redmond hopes to buy the digital assets of Nook Media LLC; that’s the Barnes & Noble subsidiary behind the ebook business, as well as the Nook e-readers and tablets themselves.

The documents also reveal that the current Nook tablets aren’t long for this world. They reportedly state that Nook Media plans to discontinue its Android tablets like the Nook HD by the end of its 2014 fiscal year. The focus would then shift to what is referred to as “third-party partner” devices. It’s not clear what those devices specifically would be, or how far along the plans to create third-party…

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