Microsoft and Barnes & Noble hook up for NOOK e-publishing joint venture
The saying goes that the enemy of my enemy is my friend, and it seems that Microsoft, from software giant fame, and Barnes & Noble, the operator of brick and mortar bookstores but also of the NOOK digital reading platform, are ready to put their past differences behind and get together in a joint venture.
Yeah the two companies had been entangled in a number of patent disputes, relating to B&N’s NOOK devices, and B&N has also been firing antitrust claims against Microsoft. Well the two past enemies have just announced today that they will forming a new company, with Microsoft taking up 17.6 percent for $300 million and B&N will be left with the remaining 82.4%.
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