Kobo today announced the acquisition of digital publishing platform Aquafadas.
The deal allows Kobo to bring digital editions of magazines, comics and academic publications to its 10 million users.
The Aquafadas Digital Publishing System spans all aspects of digital publishing and allows publishers to make content available without any coding know-how.
“This is a very exciting day for both Kobo and Aquafadas,” commented Kobo CEO Michael Serbinis.
“Digital Reading is rapidly evolving now to new rich media categories. This transaction will strengthen both Kobo’s and Aquafadas position in our current markets and allow us to accelerate the growth of rich media with the Aquafadas Digital Publishing system.”
Separately Kobo has announced new retail partnerships with two New Zealand retailers The Paper Plus Group and Booksellers NZ.The company already has a deal with Whitcoulls, meaning it now powers the majority of New Zealand booksellers.