Amazon.com to Acquire comiXology

  Amazon.com to Acquire comiXology

Business Wire

SEATTLE -- April 10, 2014

(NASDAQ: AMZN)—Amazon.com today announced that it has reached an agreement to
acquire comiXology, the company that revolutionized the digital comics reading
experience with their immersive Guided View technology and makes discovering,
buying, and reading comic books and graphic novels easier and more fun than
ever before.

“ComiXology’s mission is to spread the love of comics and graphic novels in
all forms,” said David Steinberger, co-founder and CEO of comiXology. “There
is no better home for comiXology than Amazon to see this vision through.
Working together, we look to accelerate a new age for comic books and graphic
novels.”

“Amazon and comiXology share a passion for reinventing reading in a digital
world,” said David Naggar, Amazon Vice President, Content Acquisition and
Independent Publishing. “We’ve long admired the passion comiXology brings to
changing the way we buy and read comics and graphic novels. We look forward to
investing in the business, growing the team, and together, bringing comics and
graphic novels to even more readers.”

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. Following the acquisition, comiXology’s headquarters will remain in
New York.

Terms of the acquisition were not disclosed. Subject to various closing
conditions, the acquisition is expected to close in the second quarter of
2014.

About comiXology

ComiXology has revolutionized the comic book and graphic novel industry by
delivering a cloud-based digital comics platform that makes discovering,
buying, and reading comics more fun than ever before. ComiXology’s Guided
View™ reading technology transforms the comic book medium into an immersive
and cinematic experience, helping comiXology become a top ten grossing iPad
app in 2011 and 2012 and the top grossing non-game iPad app in 2012 and 2013.
Offering the broadest library of comic book content from over 75 publishers –
and independent creators as well – comiXology will not stop until everyone on
the face of the planet has become a comic book fan. ComiXology is based in New
York City, with offices in Los Angeles and Paris.

About Amazon.com

Amazon.com, Inc. (NASDAQ: AMZN), a Fortune 500 company based in Seattle,
opened on the World Wide Web in July 1995 and today offers Earth’s Biggest
Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company,
where customers can find and discover anything they might want to buy online,
and endeavors to offer its customers the lowest possible prices. Amazon.com
and other sellers offer millions of unique new, refurbished and used items in
categories such as Books; Movies, Music & Games; Digital Downloads;
Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel,
Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto &
Industrial. Amazon Web Services provides Amazon’s developer customers with
access to in-the-cloud infrastructure services based on Amazon’s own back-end
technology platform, which developers can use to enable virtually any type of
business. Amazon Fire TV is a tiny box that plugs into your HDTV for easy and
instant access to Netflix, Prime Instant Video, Hulu Plus, WatchESPN,
SHOWTIME, low-cost video rentals, and much more. Kindle Paperwhite is the
world’s best-selling and most advanced e-reader. It features new display
technology with higher contrast, the next generation built-in light, a faster
processor, the latest touch technology, and exclusive new features designed
from the ground up for readers. Kindle, the lightest and smallest Kindle,
features improved fonts and faster page turns. The new Kindle Fire HDX
features a stunning exclusive 7” or 8.9” HDX display, a quad-core 2.2 GHz
processor, 2x more memory, and 11 hours of battery life, as well as exclusive
new features of Fire OS 3.0 including X-Ray for Music, Second Screen, Prime
Instant Video downloads, and the revolutionary new Mayday button. The all-new
Kindle Fire HD includes an HD display, high-performance processor and dual
speakers at a breakthrough price.

Amazon and its affiliates operate websites, including www.amazon.com,
www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr,
www.amazon.ca, www.amazon.cn, www.amazon.it, www.amazon.es, www.amazon.com.br,
www.amazon.in, www.amazon.com.mx, and www.amazon.com.au. As used herein,
“Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its
subsidiaries, unless the context indicates otherwise.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Actual results may differ significantly from
management's expectations. These forward-looking statements involve risks and
uncertainties that include, among others, risks related to competition,
management of growth, new products, services and technologies, potential
fluctuations in operating results, international expansion, outcomes of legal
proceedings and claims, fulfillment and data center optimization, seasonality,
commercial agreements, acquisitions and strategic transactions, foreign
exchange rates, system interruption, inventory, government regulation and
taxation, payments and fraud. More information about factors that potentially
could affect Amazon.com's financial results is included in Amazon.com's
filings with the Securities and Exchange Commission, including its most recent
Annual Report on Form 10-K and subsequent filings.

Contact:

Amazon.com, Inc.
Media Hotline, 206-266-7180
www.amazon.com/pr
or
ComiXology
Media Hotline, 323-642-8416
www.comixology.com/about
 
Press spacebar to pause and continue. Press esc to stop.