Sale Date: June 2009
Purchase Price: $4 MILLION
Franklin Electronic Publishers, Inc. sells its shares in MobiPocket as part of Amazon’s acquisition of that company. The MobiPocket format became the basis for Amazon’s bestselling Kindle format. The sale price does not include the undisclosed purchase price of MobiPocket itself, and reflects only Franklin’s share of the company.
Sale Date: April 1998
Purchase Price: $18 MILLION
Franklin Electronic Publishers, Inc. sells its shares in MobiPocket as part of Amazon’s acquisition of that company. The MobiPocket format became the basis for Amazon’s bestselling Kindle format. The sale price does not include the undisclosed purchase price of MobiPocket itself, and reflects only Franklin’s share of the company.