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Amazon buys Audible for $300m

January 31st, 2008 · No Comments

Audible dot com

In a ‘that’s so obvious why didn’t we see it coming’ move, Amazon has acquired audio book seller, Audible for $300m. Given that the company sells paper books, and has recently made a huge leap into the eBook market with Kindle, adding the world’s biggest library of audio books to its portfolio would seem like a logical move. More so as the Kindle can be used as an audiobook player as well as an eBook reader.

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Tags: Technology

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