Amazon to Acquire comiXology

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According to ComicBookResources.com, e-tailer giant Amazon has reached an agreement to acquire leading North American digital comics distributor comiXology. The deal is expected to close in the second quarter of this year. Terms of the acquisition were not disclosed in the official press release.

“ComiXology’s mission is to spread the love of comics and graphic novels in all forms,” said David Steinberger, co-founder and CEO of comiXology. “There is no better home for comiXology than Amazon to see this vision through. Working together, we look to accelerate a new age for comic books and graphic novels.”

comiXology was founded in 2007 and currently offers a digital comic-book library of content from over 75 top publishers, as well as independent creators. The company will retain its New York headquarters after the acquisition; comiXology also has offices in Los Angeles and Paris.

“Amazon and comiXology share a passion for reinventing reading in a digital world,” said David Naggar, Amazon Vice President, Content Acquisition and Independent Publishing. “We’ve long admired the passion comiXology brings to changing the way we buy and read comics and graphic novels. We look forward to investing in the business, growing the team, and together, bringing comics and graphic novels to even more readers.”

comiXology

comiXology