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Amazon to Acquire AbeBooks

Continuing its quest for world dominance, Amazon today announced in a press release that it has inked a deal to acquire AbeBooks, an online book retailer based in British Columbia.

AbeBooks deals primarily in used, rare, and out-of-print books, and most of its 110 million listings are from independent booksellers. AbeBooks will continue to operate as a stand-alone entity and will maintain all of its websites.

A search of the AbeBooks website reveals no mention of the news.

No purchase price has yet been revealed and the deal is still subject to regulatory approval.

What’s your take on the acquisition?

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This entry was posted on Friday, August 1st, 2008 at 11:46 am and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Amazon to Acquire AbeBooks”

  1. First Issue Blog » Blog Archive » Amazon acquires Shelfari Says:
    September 3rd, 2008 at 1:06 pm

    [...] acquisition presents some interesting conflicts for Amazon. Just one month ago, the e-tail giant acquired AbeBooks, a online dealer in used, rare, and out-of-print books. AbeBooks — and now Amazon — is [...]

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