What's Going To Happen With The Kobo After Border's Bankruptcy?

Borders took a different route with e-readers than rivals Amazon and Barnes and Noble. Instead of branding their own reader, Borders opted to partner with Kobo, a spin-off of Canadian publishing company, Indigo Books & Music. So, when Borders announced their bankruptcy today, we couldn’t help but wonder what happens next for the Kobo.

“Nothing,” says Kobo. Kobo remains a separate entity independant from Borders.”Your eBook library is perfectly safe…The Borders ebook experience is powered by Kobo, an entirely separate company from Borders. Kobo is financially secure and will continue to maintain your ebook library no matter what happens,” Kobo added. So there you go, Borders might be closing 200 stores, but Kobo will continue as is, selling Borders ebooks through its apps.

[via readwriteweb]