Tuesday, November 8, 2011

Kobo to be acquired by Japanese e-commerce giant for $315 million

Kobo to be acquired by Japanese e-commerce giant for $315 million

. Kobo, purveyor of eReaders and eBook software across a variety of platforms, announced on Tuesday that it will be acquired by Japan-based Rakuten. Rakuten will purchase 100% of outstanding shares of of Kobo for $315 million in cash.

Boy Genius Report, Kobo to be acquired by Japanese e-commerce giant for $315 million

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