iPhone eBook reade rapp-maker Lexcycle has been acquired by Amazon.com. Their iPhone eReader app, Stanza grew out brainstormed ideas into one of the most downloaded iPhone applications.
Lexcycle is not planning any changes in the Stanza application or user
experience as a result of the acquisition. Customers will still be able
to browse, buy, and read eBooks.
Currently Stanza supports Adobe PDF, EPUB format, the XML-based standard format and support for Adobe's eBook content protection technology, allowing users to purchase commercially published eBooks. The Stanza app also delivers content from magazine websites including The Atlantic Monthly and Wired.
Cinthia Portugal, a spokeswoman for Amazon, told the New York Times, "It's very early days for e-books, and we believe there is a lot of innovation ahead of us. Lexcycle is a smart, innovative company, and we look forward to working with them to innovate on behalf of readers."
Stanza has more than 1.3 million users in 60 countries. Speculators suggest that Amazon may sell books through the app as well as use some of its technology for the kindle. There is also a desktop version of the Stanza