Kobo has a new master: Japanese mega-retailer Rakuten. The company bought the e-reader manufacturer for $315 million, with most of it going to majority shareholder Indigo Books & Music, from Canada. The backing of a powerful retailer should help the relatively small company compete better with the likes of Barnes & Noble and Amazon in the e-reader/tablet marketplace. Like its competitors, Kobo sells ebooks on Android, iOS and its own line of e-readers.
Tagged: Kobo Vox
Kobo Vox reader, with a form factor and specs that fall roughly in line with Barnes & Noble and Amazon's offerings, is available online at retailers across the U.S. and Canada. The Android Gingerbread based tablet is tied into the Kobo bookstore, and costs $199.99 - almost exactly the same price as the upcoming Kindle Fire.
Kobo Vox is Kobo's take on a tablet/reader, a la the Nook Color or Kindle Fire, and like the latter it starts at just $199.99. Unlike the Fire, it's shipping out this month.