Microsoft and Barnes & Noble announced they are creating a strategic partnership to compete with the likes of Amazon and Apple.
According to Engadget, the partnership “would come in the form of a new Barnes & Noble subsidiary that deals with all things Nook, in addition to its education business.”
“The partnership will accelerate the transition to e-reading, which is revolutionizing the way people consume, create, share and enjoy digital content,” suggests the press release.
Barnes & Noble will will hold on to 82.4 percent of the company while Microsoft will take hold of 17.6 percent.
The first item on the list is a Nook app for Microsoft’s Windows 8 phone. “Barnes & Noble’s Nook Study software would also benefit from a friendly boost on all that Windows hardware,” according to Engadget.
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