Amazon Acquires ComiXology, Makers of the Popular iPad Comic App

Amazon has acquired comiXology, the comic giant which has sold over 6 billion pages of material as of January this year (up 2 billion since 2013).

“ComiXology’s mission is to spread the love of comics and graphic novels in all forms,” said David Steinberger, co-founder and CEO of comiXology. “There is no better home for comiXology than Amazon to see this vision through. Working together, we look to accelerate a new age for comic books and graphic novels.”

“Amazon and comiXology share a passion for reinventing reading in a digital world,” said David Naggar, Amazon Vice President, Content Acquisition and Independent Publishing. “We’ve long admired the passion comiXology brings to changing the way we buy and read comics and graphic novels. We look forward to investing in the business, growing the team, and together, bringing comics and graphic novels to even more readers.”

ComiXology has comics from over 75 of the top comic publishers along with independent artists as well. Their iPad app was the most profitable non-game app in 2013 for third year in a row. The bottom line: when you grow your company to compete with Amazon, that’s when they’ll buy you out. Congrats to the comiXology team.