B&N spins off Nook business, Microsoft to invest $300 million

Barnes & Noble is spinning off its Nook e-reader business into a new company – which will be a cooperation with Microsoft. Redmond will invest $300 million into the new company, and on top of that, the two companies have settled the patent litigation, which was part of Microsoft’s string of mafia practices against Android vendors. I have a sneaking suspicion this will be the end of the line for the Android-based Nook e-readers and tablets. Get ‘m while supplies last.

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