The Banking and Strategy Initiative

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Amazon gets behind the technology

After all, Amazon will have to do a lot of value buying to keep the spirit of competition with the iPad!

Amazon has acquired New York-based startup Touchco, according to Nick Bilton at the New York Times.

Touchco specializes in touch-screen technologies. It has a six person staff and has not produced a commercial product yet. The Touchco team will be sent to California where Amazon’s Kindle team operates, says Nick. E-Ink technology wouldn’t allow for touchscreens, so this indicates Amazon is thinking about producing a Kindle with a full color screen to rival the iPad. (BUSINESS INSIDER)

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This entry was posted on February 4, 2010 by in O'nomics, Retail Lifestyle, Uncategorized and tagged , , , , , , , , , , , , .

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