Developments at Kobo

Kobo announces an acquisition and other product and content developments.

Kobo, the e-reading company, has acquired a French digital software company called Aquafadas.

Aquafadas enables publishers to create digital content across a range of platforms and will enable Kobo to offer rich, enhanced content such as children's books and magazines.

Kobo has already announced it is to launch a new tablet device (the Arc).  It also announced that it is expanding its presence in New Zealand through partnerships with the independent booksellers association and Paper Plus Group.

Source PaidContent