Amazon to buy touchscreen startup?

The New York Times is reporting:

In a sign that Amazon wants to upgrade its Kindle ereader to compete head-on with the Apple iPad, Amazon has acquired Touchco, a New York-based start-up specializing in touch-screen technology, a person briefed on the deal said Wednesday.

Amazon will merge Touchco’s technology and staff into its Kindle hardware division, Lab126, which is based in Cupertino, Calif., this person said.

Touchco, which began as a project at New York University’s Media Research Lab, had roughly six employees and had not yet turned its technology into a commercial product. It is not clear what the terms of the deal were.

About Nate Hoffelder (11222 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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