Amazon acquires digital comic book platform ComiXology

Amazon is looking to expand its digital reading material offerings very soon by announcing its acquisition of the popular digital comic book distribution service known as ComiXology. The service offers up most of Marvel's best-selling series and boast more than 100,000 issues and more than 200 million downloads since launch.

No word was given on how much Amazon paid for ComiXology, but we would assume that it is in the hundreds of millions if not more. ComiXology is the largest digital comic book distribution services on the internet, and has been dubbed "The iTunes of comic book sales" in the past by the New York Times. Amazon says that ComiXology will continue to operate as a separate company and will be able to continue down its path, but will be able to do so faster, better, and stronger.