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.
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... [more]
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... [more]
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 blogging on...[more]
