Business News

Amazon.com Acquires AbeBooks

Tuesday 02. December 2008 - Amazon.com, Inc. (NASDAQ:AMZN) today announced 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. Amazon.com previously announced that it had reached an agreement to acquire AbeBooks on Aug. 1, 2008.

AbeBooks will continue to function as a stand-alone operation based in Victoria, British Columbia. AbeBooks will maintain all its Web sites, including its Canadian Web site. The Web sites will continue to have country-specific content, such as reviews of Canadian-authored books and interviews of Canadian writers.