June 5, 2014 Last Updated 10:23 am

Barnes & Noble announces NOOK tablet partnership with Samsung

The retailer also announced it has leased its Palo Alto facility and will move its NOOK Media LLC employees to other Peninsula locations

The book retailer Barnes & Noble today announced that it will partner with Samsung to release a co-branded version of Samsung’s Galaxy Tab 4 tablet, to be released in August. The new 7″ NOOK tablets will feature customized NOOK software preloaded.

Galaxy_Tab_4_NOOK“We are very excited and proud to partner with Samsung, a world-class technology and tablet leader, to create customized co-branded devices featuring our valuable NOOK reading experience and digital content catalog for Barnes & Noble customers nationwide,” said Michael P. Huseby, CEO of Barnes & Noble in the company’s announcement.

While B&N will continue to offer its NOOK GlowLight eReader, the move essentially gets the retailer out of the hardware business.

The company also announced today that it would be relocating its employees in its Palo Alto, California campus, having found someone to lease the property. B&N employees will be relocated to a new facility in Santa Clara, while Barnes & Noble College’s digital education employees will relocate to a facility in Mountain View.

The move will save the company $10 million per year while also reducing the Company’s future lease commitments by approximately $102 million, the company said.

Comments are closed.