Education Services Firm Follett Acquires E-Book Marketplace CafeScribe
By Joseph Weisenthal - Mon 24 Mar 2008 12:45 AM PST
Follett Corporation, a provider of educational services, such as textbook distribution, has acquired Salt Lake City-based Fourteen40, the parent company of e-book store CafeScribe. The site offers a platform for purchasing electronic textbooks, as well as software called MyScribe to read the texts. There’s also a social component to it, as students can find each other, and study collaboratively. (Among CafeScribe’s innovations: a scratch-and-sniff sticker to help reproduce that musty smell of books. Terms of the deal were not announced, nor has Fourteen40 announced any past investments. The company will be rolled into Follett Digital Resources, the company’s digital arm. Release.
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