Amazon.com acquires used book site AbeBooks

Bookseller giant Amazon.com is acquiring Canada-based second-hand book site AbeBooks, which will continue to function as a stand-alone operation. Neither company revealed any financial details.

AbeBooks is one of the world’s leading second-hand book sites, claiming to have more than 110m users, rare and out-of-print books for sale. It launched in 1996, later branching into the German, French and UK markets through the acquisition of German site JustBooks. In 2004, the company acquired Spanish company IberLibro.

The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close before the end of Q4 2008.

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Published by Reinout te Brake

Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry. Check out his games podcast; https://www.game-consultant.com

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