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Barnes & Noble Hooks Up With Microsoft

Monday, April 30, 2012

Microsoft is getting into the tablet business by making a $300 million deal with Barnes & Noble.

The deal gives Microsoft a 17 percent stake in B&N's Nook division.  

The investment gives B&N much-needed funds to continue developing the Nook.

According to Publishers Weekly, B&N will develop a Nook e-reading app for the upcoming Windows 8 operating system, which runs on traditional computers and tablets.

Microsoft says it wants to do more than just provide a platform and intends to work with B&N to find ways to add value to content.

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