Microsoft opened its wallet for a piece of B&N’s eBook market share. GigaOM:
The $300 million investment in the Nook subsidiary of Barnes & Noble gives Microsoft about 17.6 percent ownership of this business unit. That values this part of the business at about $1.7 billion. Before the markets opened this morning, the Nook business was valued about $900 million more than Barnes & Noble itself.
I’m holding out for the Nook Zune Enterprise Premium Professional.