There are a number of e-readers on the market today from various manufacturers. The Kobo line has been around for a while and was purchased by a Japanese company called Rakuten in November of 2011. The company has added three new devices to its line of digital readers in the Kobo series.
You may remember the name "Kobo" as the Borders equivalent of Barnes & Noble's Nook. But it wasn't actually a Borders-owned entity. Kobo has always been its own independent company, and it is trying to find a voice now that its strongest retail partner is gone. So it has entered the world of e-readers that are trying to function more like Android tablets than dedicated digital book machines.
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The $315 million acquisition of Kobo by Japan's Rakuten, announced back in November, has now successfully closed. All outstanding shares of Kobo owned by founding company Indigo Books & Music will go to Rakuten, while Kobo's management team will remain with the company and stay headquartered in Toronto.
It's another battle of the e-readers, ladies and gentlemen, the same thing that's been going on for the past handful of years whenever the winter holiday season rolls around, and this year it's a battle of the prices - Kobo Touch with Offers is the newest offering, available now, from the big K, offering you their least expensive price for the cheap exchange of ads in the interim. What you get is the same great Kobo Touch e-reader you know and love (but might never have owned until now) but with advertisements on the display whenever you put it to sleep. That's how they make it so inexpensive, and that's what they're putting up for competition with the short discount of the newest generation Nook e-reader which is $79 on Black Friday and Cyber Monday.
Kobo is trying to make its eBook readers a bit cheaper and is taking a page out of the Amazon book to do it. Kobo is adding new ad-supported versions of its eReaders like the Touch that are ad supported like some of the Amazon Kindle readers. Just like the Amazon ad-supported eReaders, the discount isn’t huge. If you pick up the Kobo touch with Offers it will cost you $99, $30 off the normal price.
The Kobo e-reader, which currently competes with Amazon's Kindle and the Barnes & Noble Nook, may be getting a boost soon with new backing from Japan's version of Amazon, a large e-commerce operator called Rakuten. The Japanese company is purchasing Kobo for $315 million and intends to rapidly grow its user base around the world.
Ereader firm Kobo has announced the Kobo Vox, the company's latest Android-based ereader. Previewed last month with a premature store listing, the Vox features a 7-inch 1024 x 600 display, 800MHz Freescale iMX51 processor, 8GB of internal storage and 512MB of RAM, and runs a reskinned version of Android 2.3 Gingerbread, all for under $200.
Ereader manufacturer Kobo's alternative to the Kindle Fire, the Kobo Vox, has been prematurely revealed, an Android-based tablet expected to retail at under CA$250. Spotted on a hurriedly-yanked product page at Canadian retailer Future Shop (still visible in Google's cache), the 7-inch Vox runs at 1024 x 600 resolution with WiFi b/g/n and will supposedly hit shelves on October 17.
This week the folks at Facebook released a firestorm of updates for their social networking environment including enhancements to both the user interface on their webpage and to their apps. As part of the apps expansion, the eReading specialists at Kobo have announced to their 4.9 million users worldwide that they'll be working with Facebook in the near future to provide both integration and ease with and for Facebook, particularly through their Kobo Reading Life app.