November 2, 2001
E-Book Provider netLibrary Puts Itself Up for Sale, Worrying Librarians
The company that calls itself the "leading provider of electronic books" is up for sale after failing to attract enough financing to stay afloat. The announcement by netLibrary has raised concerns among college librarians about the future of the company's service, which is used by thousands of academic libraries.
In a statement e-mailed to customers in October, netLibrary said it had failed to win a new round of investment financing because of "several factors, including overall
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