Ingram purchases electronic publishing company
Ingram plays a vital role in the retail process, and therefore is a key partner for publishers. They act as an intermediary who gets books into the hands of retailers, supplying independent bookstores and also the chains when their supplies run low.
Given this purchase, I would guess that Ingram is looking to position itself for the digital distribution of content, as well. It's yet another sign about the way the industry believes technology -- and reading habits -- are headed.