Four months in the works - Amazon acquires AbeBooks

Posted by Rob Lewis

Four months to the day of their acquisition annoucement, Seattle's Amazon.com announced today the completion of its acquisition of AbeBooks.

AbeBooks is an online marketplace for books, with over 110 million primarily used, rare and out-of-print books listed for sale by thousands of independent booksellers from around the world. A true Internet success story, AbeBooks.com has been selling books online since 1996, and is a private company based in Victoria, with affiliates in Germany and the United States. Internet Retailer magazine ranked AbeBooks at No. 73 among North American online retailers in June 2008.

Amazon.com had previously announced that it had reached an agreement to acquire AbeBooks on August 1, 2008 and our coverage elicited plenty of comments.

AbeBooks will continue to function as a stand-alone operation based in Victoria.

Disclosure: Boris Wertz is a Director of Techvibes Media Inc. and AbeBooks.

Company:
AbeBooks.com
Website:
http://www.abebooks.com
Location:
Victoria, British Columbia, Canada

AbeBooks is an online marketplace for books. Millions of new, used, rare, and out-of-print books are offered for sale through the AbeBooks websites from thousands of booksellers around the world. Readers can find bestsellers, collectors can find rare books, students can find new and used textbooks, and treasure hunters can find long-lost books. AbeBooks Inc. is a subsidiary of Amazon.com, Inc. AbeBooks, an online... more

Company:
Amazon
Website:
http://www.amazon.com
Location:
Vancouver, British Columbia, Canada

Amazon.com, Inc. (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc., seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can... more



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