The bookstore operator said it will separate its retail unit from its Nook Media business.
The arrival of the Galaxy Tab 4 Nook effectively ends Barnes & Noble's ill-fated foray into hardware design. But what's in it for Samsung?
The Nook maker's stock rose to $26 at open today, doubling its Friday closing price. Shares cooled off a bit as the morning moved along, but not by all that much.
The software giant will invest $300 million in a new Barnes & Noble subsidiary, giving it a 17.6 percent equity stake in the company. The Nook digital bookstore will be bundled with Windows 8.
20th Century Fox and NBCUniversal programs will be available as the new tablets launch this week.
The Nook HD+ is a low-price, quality entry point into the world of tablets, especially now that it has full Google Play support.
The Barnes & Noble Nook HD's sharp screen and comfortable body make it an ideal tablet choice, especially for reading books, magazines and watching movies. Google Play now only adds to the allure.
The deal allows Barnes & Noble to deliver films and television shows to U.K.-based Nook HD and Nook HD+ owners.
The bookseller's Nook business generates $125 million for the nine-week holiday period -- a 60.5 percent decrease compared to last year.
Michael Huseby, who started as CFO and was promoted to president last year, will lead the bookseller's retail, college, and Nook Media operations.