Microsoft Invests $300M Into Nook To Give Windows 8 Its Own iBooks

Microsoft Invests $300M Into Nook To Give Windows 8 Its Own iBooks

Microsoft's $300 million investment will see NOOK brought to Windows 8.

Microsoft has teamed up with Barnes & Noble with a $300 million investment that will create a new subsidiary focused on accelerating “the transition to e-reading.” Microsoft will take a 17.6% equity stake in a subsidiary, which is yet to be named, while Barnes & Noble will own the remaining 82.4%.

The move will provide Microsoft with its own answer to iBooks, with plans for a NOOK application that will run on Windows 8, and it’ll give users an alternative to the Kindle Store.

The huge $300 million investment will include some patents, according to Gizmodo. But the biggest attraction for Microsoft will undoubtedly be that NOOK app for Windows 8.

The company’s announcement notes that e-books are “revolutionizing the way people consume, create, share and enjoy digital content,” and right now, Microsoft doesn’t have its own platform; the likes of Apple, Amazon, and Google are leading the way.

A NOOK application will provide Windows 8 users with an alternative to these stores, and it’ll provide Microsoft with its own iBooks rival. Andy Lees, President at Microsoft, said that its investment will accelerate e-reading innovation across Windows 8 devices:

The shift to digital is putting the world’s libraries and newsstands in the palm of every person’s hand, and is the beginning of a journey that will impact how people read, interact with, and enjoy new forms of content.

Our complementary assets will accelerate e-reading innovation across a broad range of Windows devices, enabling people to not just read stories, but to be part of them. We’re at the cusp of a revolution in reading.

It will be interesting to see what else comes out of the deal, especially if you’re a Windows user.

  • John Howell

    Excellet, because what I was really missing was another DRM encrypted e-book silo that only works on some of my devices.

About the author

Killian BellKillian Bell is a staff writer based in the U.K. He has an interest in all things tech and also covers Android over at CultofAndroid.com. You can follow him on Twitter via @killianbell.

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