SEATTLE & VICTORIA, British Columbia--(BUSINESS WIRE)--Dec. 1, 2008--Amazon.com, Inc. (NASDAQ:AMZN) today announced the completion of its
acquisition of AbeBooks. AbeBooks is an online marketplace for books,
with over 110 million primarily used, rare and out-of-print books listed
for sale by thousands of independent booksellers from around the world.
Amazon.com previously announced that it had reached an agreement to
acquire AbeBooks on Aug. 1, 2008.
AbeBooks will continue to function as a stand-alone operation based in
Victoria, British Columbia. AbeBooks will maintain all its Web sites,
including its Canadian Web site. The Web sites will continue to have
country-specific content, such as reviews of Canadian-authored books and
interviews of Canadian writers.
About AbeBooks
AbeBooks is an online marketplace for books, with over 110 million
primarily used, rare and out-of-print books listed for sale by thousands
of independent booksellers from around the world. AbeBooks has millions
of customers who purchase tens of thousands of books a day from its
global websites (Abebooks.com, Abebooks.ca, Abebooks.co.uk, Abebooks.de,
Abebooks.fr, Abebooks.it and Iberlibro.com). A true internet success
story, AbeBooks.com has been selling books online since 1996, and is a
private company based in Victoria, BC Canada, with affiliates in Germany
and the United States. Internet Retailer magazine ranked AbeBooks
at No. 73 among North American online retailers in June 2008.
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. Examples of the services offered by Amazon Web
Services are Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple
Storage Service (Amazon S3), Amazon SimpleDB, Amazon Simple Queue
Service (Amazon SQS), Amazon Flexible Payments Service (Amazon FPS), and
Amazon Mechanical Turk.
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,
and the Joyo Amazon websites at www.joyo.cn
and www.amazon.cn.
As used herein, "Amazon.com," "we," "our" and similar terms include
Amazon.com, Inc., and its subsidiaries, unless the context indicates
otherwise.
Amazon 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 center
optimization, seasonality, commercial agreements, acquisitions and
strategic transactions, foreign exchange rates, system interruption,
significant amount of indebtedness, 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 Annual Report on Form 10-K for the year ended December 31,
2007, and subsequent filings.
CONTACT:
Amazon.com
Amazon Media Hotline, 206-266-7180
Source: Amazon.com
