Rakuten Kobo announced on Tuesday they have signed contracts to acquire the Tolino ebook technology platform serving the German-language ebook market from founding partner Deutsche Telekom at the end of January 2017, pending approval from the German Federal Cartel Office. (That paperwork was filed December 22.) Kobo will join the three bookseller partners Hugendubel, Thalia and Weltbild. CEO Michael Tamblyn says in the announcement, “Together with our partners from the German book trade, we intend to continue to enhance the tolino ecosystem for its many dedicated customers. This acquisition allows us to bring Rakuten Kobo’s experience with collaborating with book retailers around […]
