Amazon Takes Full Control Of German Venture

Amazon (NSDQ: AMZN) has now taken complete control of audiobook retailer, a German off-shoot of the US site it acquired last year. started in August 2004 as a venture with publishers Random House and Lübbe publisher.

Amazon bought 12-year-old and its UK subsidiary last year for $300 million but the German question was unresolved. Now and report the e-tailer has submitted the outright takeover of to Germany’s Federal Cartel Office. It claims 30,000 German, English, Spanish and French titles from over 800 publishers. Although the acquisition might make one wonder whether Amazon’s new roster of audiobooks might end up making it to an audiobook-compatible Kindle in Europe, don’t get too excited – even version two of the ebook reader is without a release date on these shores, where mobile networks aren’t compatible with the Whispernet technology that delivers content wirelessly to the device.