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Barnes & Noble to develop new Nook tablet with Samsung

05
Jun
2014

(Reuters) – Barnes Noble Inc will develop a tablet with Samsung Electronics Co Ltd, as it tries to revive its money-losing Nook digital business. The tablets will combine Samsungs hardware with Nooks software and give access to Barnes Nobles digital collection of more than 3 million books, magazines and newspapers, the companies said in a statement. Barnes Nobles shares rose as much as 3.7 percent to $19.59 in early trading on the New York Stock Exchange on Thursday. The Samsung Galaxy Tab 4 Nook tablets are expected to be launched in a 7-inch version in the United States in early August.

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