I suppose it’s a natural fit… Amazon is buying Audible. Audible provides digital audio books that you can listen to on your computer, device, or burn to CD. I’ve been an Audible subscriber for a while. It’s absolutely fantastic. The only bummer is that their format is STILL not supported by Zune. grrr… I have to use my crappy old Sandisk player to listen to audio books. Come on, Microsoft…
The press release says the deal is for "an aggregate transaction value of approximately $300 million which includes Audible.com’s cash and short-term investments at closing."