Chatham, N.J. – Fictionwise, an independent eBook retailer, announced this week that it has acquired the eReader.com eBook retail business unit of mobile content distributor Motricity.
Financial terms of the transaction were not disclosed.
Motricity’s eReader.com offers over 23,000 eBook titles.
Founded in 2000, Fictionwise said it has sold millions of eBooks, and plans to maintain eReader.com as an independent site while expanding the eReader eBook format to function on a wider range of handheld devices.
"With this acquisition, Fictionwise breaks into the very top ranks of the eBook retail market. Synergies between our business units will open the door to some very interesting developments for our customers in the coming months," said Fictionwise co-founder Steve Pendergrast.