Amazon have acquired Goodreads, who have a platform that is excellent at suggesting to users when it comes to reading materials – books. Amazon have previously announced that they have plain to acquire one or more popular recommendation engines. But that was without any clear plan on their acquisition path.
Amazon’s vice president of Kindle, Russ Grandinetti said
Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world — together, we intend to build many new ways to delight readers and authors alike.
These two companies are expecting the deal to be finalized in Q2, 2014.