Linux News
The world is talking about GNU/Linux and Free/Open Source Software
Microsoft and Barnes create new subsidiary
|
|
Microsoft and Barnes & Noble have settled their patent dispute and are forming a new venture to focus on e-reading and the education market. On April 30, the pair announced the formation of NewCo, which will include Barnes & Noble’s digital and college businesses. NewCo will create a Nook e-reading application for Windows 8, as well. Barnes and Noble will own 82.4 percent of the new subsidiary, and Microsoft will make a $300 million investment in the still-to-be-named NewCo and hold a 17.6 stake in the company. (None of Microsoft’s employees will be moving to the new subsidiary, a spokesperson told me.)
|
|
Full Story |
| Subject |
Topic Starter |
Replies |
Views |
Last Post |
| Deal with the Devil |
JaseP |
33 |
1,633 |
May 2, 2012 4:25 PM |
You cannot post until you login.
