Microsoft is reportedly looking to acquire the digital portion of Nook Media LLC and they are offering up $1 Billion for the deal. This move, if made, could help boost Microsoft in the e-book market along with a stronger presence in education, an area that Microsoft could use some help. It’s important to note that it doesn’t appear that Microsoft has any interest the hardware that Nook has, just it’s “digital assets”.
Nook hasn’t really seen great sales as of late and struggles to get any significant traction among similar hardware. This acquisition by Microsoft could prove to be beneficial for everyone involved but it’s still unclear whether or not a deal like this will go through.
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