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Barnes & Noble Wins Assets in Borders IP Auction

posted on by Egan Loo

The bookstore chain Barnes & Noble tentatively acquired a portion of the intellectual property assets from its former competitor Borders for US$13.9 million in an auction this week. The industry news source Publishers Weekly reported that Barnes & Noble "appears to have acquired most all of Borders's domestic assets that includes its Internet domain names, the Borders.com Web site and such trademarks as Borders, Waldenbooks and Brentano's." Court records had listed Borders' membership lists and customer information as assets to be auctioned.

Borders is shutting down this month after filing for bankruptcy in February.

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