Microsoft may be willing to take Nook of

Microsoft Nook Purchase OfferWithin the near future,is reportedly willing to take the eReader line off the companys hands for the cool $1 billion. TechCrunch reports that Microsoft is offering to pay $1 billion to buy the digital assets ofMedia LLC, the digital book and college bookjoint venturewith Barnes & Noble and other investors. Under the terms of the proposed deal, Microsoft would gain control over Nook e-books, as well as , so it seems that Microsoft is looking to branch out its tablet business from high-end devices such as the Surface to cheaper tablets and eReaders in the future. Barnes & Nobles shares jumped nearly 25% in pre-market trading on the rumor.

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