Amazon buys Kindle-competitor Stanza
Now, Kindle and Stanza are now under one roof.
This purchase shows Amazon's commitment to digital books, a market that it dove into in 2007 with the $399 Kindle e-reader. The online retailer pushed deeper with a $50 price drop, second-edition hardware, expanded library of e-book titles, its own Kindle app for the iPhone, and now the acquisition of Stanza.
"We are not planning any changes in the Stanza application or user experience as a result of the acquisition," says the Lexcycle announcement. "Customers will still be able to browse, buy, and read ebooks from our many content partners. We look forward to offering future products and services that we hope will resonate with our passionate readers."