Amazon buys Liquavista from Samsung, launches digital currency San Francisco: Amazon.com Inc said it had acquired Liquavista NV from Samsung Electronics Co to help the world's largest Internet retailer develop new displays for mobile devices.

Amazon also launched its own digital currency, Amazon Coins, on Monday, allowing people to buy apps and games in its app store and on its Kindle Fire tablet computers.

The purchase price for Liquavista was not disclosed. Bloomberg News reported earlier this year that Samsung was seeking less than $100 million for the business. Samsung bought the Netherlands-based company in early 2011 for an undisclosed sum. A Samsung spokeswoman did not respond to requests for comment on Monday.

Amazon is the leading e-reader company and has a range of Kindle Fire tablets that compete with Apple Inc's dominant iPad and similar gadgets from Google Inc and Samsung....more    
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