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Amazon to buy digital comic book publisher comiXology
April 10, 2014 / 8:55 PM / 4 years ago

Amazon to buy digital comic book publisher comiXology

SAN FRANCISCO (Reuters) - Amazon.com Inc will buy New York-based digital comic book publisher comiXology for an undisclosed sum to beef up its entertainment content.

A parcel moves on the conveyor belt at Amazon's logistics centre in Graben near Augsburg December 16, 2013. REUTERS/Michaela Rehle

The deal, announced on Thursday, is expected to close in the second quarter.

ComiXology, which makes one of the top grossing apps for Apple Inc’s iPad tablet, was founded in 2007. The acquisition comes as e-commerce company expands its slate of scripted shows and video games. Last week, it launched the Fire TV video streaming device.

Reporting by Deepa Seetharaman; Editing by Steve Orlofsky

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