Amazon to Acquire Abebooks

1 August 2008 — fuzzyhistory

Amazon announced today it would acquire the online used books aggregator Abebooks. Abebooks will continue to operate independently. It’s Web sites will remain in operation.

LibraryThing posted a note indicating that Abebooks owns a minority share in the company. Therefore, if the deal receives approval from the shareholders and the Federal Trade Commission, Amazon will own a minority share in LT.

While LT assures customers they will see no changes, my hope is that Amazon will pay more attention to how LT handles tags. Maybe Amazon will even license LT technology for tags and improve the handling of such for those of us who also are customers of Amazon. Hint! Hint