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Amazon To Buy ComiXology

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Amazon.com, Inc. (AMZN: Quote) said Thursday that it has reached an agreement to buy comiXology, the company that revolutionized the digital comics reading experience with its immersive Guided View technology.

Terms of the acquisition were not disclosed.

Founded in 2007, comiXology offers a broad library of digital comic book content from over 75 of the top publishers as well as top independent creators.

The acquisition is expected to close in the second quarter of 2014. Following the acquisition, comiXology will remain headquartered in New York.

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by RTT Staff Writer

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