Thursday, August 14, 2008

Amazon acquires Abebooks

Amazon Expands 'Traditional' Book Business With Aqusition of AbeBooks by Barbara Quint
Despite all the fuss and furor about Amazon’s (www.amazon.com) push into digital book sales via its Kindle ebook reader and other content downloading routes, the tried and true sale of print books remains the core of Amazon’s book sale business—for now, at least. A significant portion of those sales come from used books supplied by third-party sellers. Canada-based AbeBooks (www.abebooks.com) represents an online inventory of more than 110 million used, rare, and out-of-print books from about 13,000 independent booksellers worldwide. The recently announced acquisition of AbeBooks by Amazon is expected to close by the end of the year. Neither company would supply any details on plans to integrate collection listings or operations at this time.-->http://newsbreaks.infotoday.com/nbReader.asp?ArticleId=50287

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