1 May 2012

Microsoft invests in e-book venture

2:02 pm on 1 May 2012

Microsoft has invested $US300 million in a digital venture with US bookseller Barnes and Noble.

The deal will make Barnes and Noble's Nook e-book reader available to millions of new customers, by integrating it with the Microsoft's new Windows 8 operating system.

The Nook e-reader was launched in 2009 to compete with Amazon's Kindle, allowing users to buy, download and read digital versions of books and magazines.

Barnes and Noble will own 82% of the new company and Microsoft will take an 18% stake.