Tuesday, December 2, 2008

Amazon.com Completes AbeBooks Buy

Seattle-based Amazon.com said late Monday that it has completed its acquisition of AbeBooks, an online book marketplace based in Victoria, British Columbia. Financial terms of the buy were not disclosed. Amazon had announced the acquisition in August. Amazon said that AbeBooks will continue to operate as a stand-alone operation in its current location, and that it will maintain its Canadian web site and country-specific content. AbeBooks provides a marketplace for used, rare, and out-of-print books from independent booksellers.