Amazon buys ebook firm Lexcycle Inc.

"Amazon.com Inc. has acquired Lexcycle Inc., a company that makes a popular ebook reading application for Apple Inc.'s iPhone called Stanza. Terms of the deal weren't disclosed. The acquisition adds to Amazon's growing portfolio of ebook offerings. The Seattle Internet company sells the Kindle e-book reader as well as e-book titles in its own format. In addition, Amazon recently unveiled Kindle software for the iPhone." - WSJ