In a move to strengthen its global presence in the digital marketplace, Japan’s Rakuten, Inc., has agreed to acquire OverDrive for $410 million in cash. The deal is expected to close in April.

CLEVELAND, OH--(Marketwired - Mar 19, 2015) - OverDrive, Inc., the leading eBook, audiobook and streaming video platform for libraries and schools, today announced it entered into an agreement to be ...

TOKYO--(BUSINESS WIRE)--Rakuten, Inc. (TOKYO:4755), one of the world’s largest Internet services companies, today announced it has agreed to fully acquire OverDrive Holdings, Inc., operator of ...

Rakuten purchased Overdrive in 2015 for $410 million dollars and it looks like the company has been underperforming. Rakuten has just sold Overdrive on Christmas Eve to KKR. This company is no ...

Rakuten is beefing up its digital content chops after it announced the acquisition of ebook and audiobook marketplace OverDrive for $410 million. The Japanese e-commerce giant got into the e-reader ...

Overdrive is the largest company involved in the digital library sector and they were purchased by Rakuten in 2015. As part of a unified branding strategy, OverDrive has changed their corporate brand ...

Japan’s largest online retailer, Rakuten Inc., is buying e-book distributor OverDrive Inc. in a $410 million cash sale. The acquisition will give Rakuten a new e-book distribution platform, more than ...

The company that bought retail portal Buy.com in 2010 and eBook company Kobo in 2011 is expanding again. Rakuten has announced plans to buy OverDrive for $410 million. OverDrive is an eBook and ...

Japanese internet services giant Rakuten announced that it has acquired US-based OverDrive, an ebook and audiobook marketplace, for $410 million in cash. OverDrive’s digital distribution platform lets ...

Rakuten, considered the biggest online store in Japan, has announced its acquisition of Ohio-based OverDrive and has paid $410 million in an attempt to expand the company's digital content business.

Rakuten is trying to inject some black ink into its struggling ebook business with the acquisition of OverDrive Holdings, one of the largest providers of ebooks for rent to libraries and schools. The ...