Amazon.com, Inc. has announced today in a press release that it has reached an agreement to acquire Audible Inc. The acquisition of Audible and the recent roll out of the Amazon Kindle, a wireless portable reader that provides wireless downloads of more than 90,000 books, blogs, magazines and newspapers to an electronic paper display marks a move by Amazon back into the book space that got the company rolling originally, only this time the focus is on digital content. "Working together, we can introduce more innovations and bring this format to an even wider audience." Steve Kessel, Amazon.com's senior vice president for worldwide digital media said in the release.
