Printed from http://www.electronista.com

Readmill purchased by Dropbox, social reading network shuttering

updated 04:02 pm EDT, Fri March 28, 2014

Deal worth $8 million moves founders, employees to Dropbox

Online storage provider Dropbox has purchased social reading app developer Readmill. The deal, suspected to be worth around $8 million, will see the shuttering of the Readmill app, with the team responsible for coding and development moving to assist Dropbox with its core service.

Readmill notes on a post announcing the closure and purchase that "many challenges in the world of ebooks remain unsolved, and we failed to create a sustainable platform for reading. For this, we're deeply sorry."

New accounts can no longer be created on the Readmill service. On July 1, the app will no longer be available. The company is providing assistance with migrating owned content out of Readmill, including reading journal data export, and DRM migration for Adobe-protected content.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Asus Chromebook C300

When Chromebooks hit the market back in 2011, consumers didn't know what to do with them. The low-cost laptops, powered by Google's Ch ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a fort ...

Sponsor

toggle

Most Commented

 
toggle

Popular News