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Posts Tagged ‘Michael Serbinis’

Kobo To Acquire Aquafadas

Kobo has entered into an agreement to acquire digital publishing technology company Aquafadas in a deal whose terms were not disclosed.

Aquafadas offers publishers the tools to format magazines, comics and other types of content into rich media content. This includes the ability to make HTML5 content, plugins for InDesign and a comic book creation tool. With the acquisition, Kobo expands its rich media offerings. Kobo CEO Michael Serbinis, explained in a statement. “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.”

Japanese e-commerce company Rakuten acquired the Canadian-based Kobo for $315 million earlier this year.

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Kobo Launches German Language eReader

Kobo released a German language version of the Kobo Touch eReader. The eReader will be available at German retailers for €149 beginning on Oct 1, 2011. The company announced the device at IFA in Berlin this week.

The device will be supported by Kobo’s existing German-language eBookstores. Since the store launched in July, Kobo has expanded the library to more than 80,000 German language titles and a total of 2.5 million eBooks.

Michael Serbinis, CEO of Kobo, stated: “This announcement marks Kobo’s entry into the European market and an industry first.  In providing local content and reading experiences for European readers, Kobo continues to build on the vision of giving people around the world the freedom to read on any device, and share their love of reading with friends.”

What Borders Closure Means To Your Kobo Account

Borders is preparing to liquidate which means its 399 remaining stores will shut down. If you are wondering what this means to your eBooks, don’t worry, Kobo has got you covered.

The company, which powers Borders’ eBookstore, is not going anywhere. Kobo and Borders have been in the process of transitioning Borders’ customers’ eBook accounts to Kobo for a while now. If you haven’t done so, follow this link to transfer your Borders eBook library to Kobo. If you’re still using a Borders app, download the Kobo app.

Kobo CEO Michael Serbinis released this statement today to assure customers that their eBooks are safe: “As one of the early investors in Kobo, Borders has a minority stake in our company and serves as part of our distribution in the U.S. along with Walmart, Best Buy, Sears and other leading retailers.  As a member of the broader book publishing and retailing community, we are watching Borders’ story and will offer our support to Borders and their employees.  Kobo will continue to serve Borders customers – in this time of transition as well as moving forward – to provide the ultimate eReading experience and one of the widest selection of eBooks available to the eReading community worldwide.”

 

 

Nook Touch Ad Hits Print

Barnes & Noble is taking on Amazon in its new print ad promoting the Nook Touch.

In the ad, the Nook Touch is positioned next to the Kindle and the copy highlights that it is smaller, lighter and has more battery life than the Kindle. (The battery assertion is questionable).

The tagline of the ad is “Goliath, meet David.” This is interesting, because Kobo CEO Michael Serbinis pitched the new Kobo Touch with the same metaphor when he introduced the new Kobo Touch at a press conference in New York, and the Nook Touch and the Kobo Touch have a lot in common.

Kobo CEO Michael Serbinis Discusses Reading Life

We caught up with Kobo CEO Michael Serbinis at Book Expo this week. In the above video he talks a little about how Kobo’s social reading platform “Reading Life” works.

Kobo Releases $130 Touch Screen eReader

Canadian eReading firm Kobo has released a new touch screen eReader. For the new device Kobo has dropped the keyboard and made their black-and-white eInk screen touch enabled using Neonode’s zForce technology.

The Kobo Touch edition is available for presale today for $129.99 at Borders.com, as well as through Indigio, Best Buy Canada and Walmart Canada. Orders will ship in time for Father’s Day.

Kobo CEO Michael Serbinis said that the device would be available through more U.S. retailers after launch, which is good news since Borders is not long for this world.

Kobo has also dropped the price of its Wi-Fi eReader (which is keyboard-operated) to $99.

Kobo Adds Twitter Capability To “Reading Life”

Kobo has updated the iOS version of “Reading Life” its in-app social tool. The enhancements include extending “Reading Life” to Twitter, allowing users to share quotes, notes and book covers directly to their Twitter feed.

Kobo CEO Michael Serbinis had this statement: “Bringing Twitter to Reading Life will enable our customers to reach out to friends in real-time, enabling new opportunities for conversation and discovery.”

Kobo first announced the social platform back in September, when they said it would come preloaded on the BlackBerry Playbook. The company then launched an iPad app version of the platform in December and the iPhone version this past February.

 

Kobo plans to roll out additional features for Reading Life throughout the year.

Kobo Sees Record Sales This Holiday Season

eReader popularity was not exclusive to Amazon this year. Kobo is reporting that they had a record year selling their eReaders and eBooks this holiday season.

Michael Serbinis, CEO of Kobo had this statement: “Earlier this month we predicted that Christmas would be a record breaker for Kobo, and we have exceeded our expectations driving several ebook downloads per second since Christmas Eve. I would like to thank our customers for choosing Kobo to start building their digital library this Christmas. Our success this holiday season is a pre-cursor to a New Year with people reading more than ever thanks to ebooks and Kobo.”

With Amazon and Kobo reporting such successful holiday sales, we expect 2011 to be a good year for eBook sales.

The Fairmont Hotel Offers Kobo eReaders To Gold Guests

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The Fairmont Hotel is lending Kobo eReaders to gold member hotel guests in select properties in the U.S. and Canada.

The eReaders feature a library of new titles from Random House book including works by Bret Easton Ellis, Sophie Kinsella and Alexander McCall Smith. Hotel guests can also download additional titles from the Random House store should they desire.

Michael Serbinis
, CEO of Kobo had this statement: “Travelers are a great fit for the Kobo offering and a group that is eager to engage in eReading. We know that travelers do not want to carry heavy books in their luggage, and vacations provide the perfect time to relax and catch up on reading. This partnership allows Kobo to expand our reach and offer our service to an important segment of our customer base.”

While many Fairmont gold members might already be eReader owners, it is a good way for Kobo to get in front of an audience that might only have iPads and Kindles.

After a guest returns the eReader to the hotel, they will receive a special offer for $2 off select Random House titles redeemable at www.kobobooks.com/randomhouse.