Barnes & Noble and Samsung have agreed to develop a Nook tablet which will have Samsung’s hardware and Barnes & Noble’s software which means that Barnes & Noble will be focusing on providing the best digital reading technology without having to worry about hardware part of the device.
Barnes & Noble had lost hundreds of millions of dollars on Nook tablets and had stopped producing these and announced that it will look for a partner.
This deal is clearly indicative that Barnes & Noble wants to be a content-centric company and not a device centric company.
The 7 inch device named Samsung Galaxy Tab 4 Nook tablet will be launched in early August in US. The device will be available for sale in all 7oo Barnes & Noble stores and on its website bn.com, Reuters has reported.
According to the agreement, Barnes & Noble has agreed to buy 1 million Nook tablets from Samsung in the first year of launch. This period is extendable to 15 months if the sales do to meet targets.