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RumorTT: Microsoft considering $1 billion bid to buy Barnes & Noble's Nook business

Microsoft considering offering Barnes & Noble a reported $1 billion for its Nook business

By Charles Gantt on May 9, 2013 12:49 pm CDT - 0 mins, 40 secs reading time

Microsoft is already a major investor in Barnes & Noble's Nook business, and now rumors are coming in that the Redmond, Washington based giant is considering buying the Nook business outright for a reported $1 billion.

RumorTT: Microsoft considering $1 billion bid to buy Barnes & Noble's Nook business | TweakTown.com

Last year Microsoft invested $300 million in the Nook in exchange for a 16.8% stake. Now with reports that Barnes & Noble is planning to pull out of the hardware business altogether, it only makes sense for Microsoft to swoop in and buy the hardware business outright.

This would put Microsoft in direct competition with the likes of Amazon and even Google's Play Books. The big question is whether or not Redmond will keep the device running Android, or will we see a Windows 8 version of the Nook released. Would Microsoft even keep the Nook branding? Only time will tell I guess.

Charles Gantt

ABOUT THE AUTHOR - Charles Gantt

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

NEWS SOURCE:techcrunch.com

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