By late summer 2011, Kobo had an e-reader and 5 million users worldwide, but was burning through cash at an alarming rate, and Indigo was suffering from its own financial woes. That's when Japanese e-commerce giant Rakuten stepped in.
While North American CIOs worry about spikes in compute workloads and the occasional hacker, their counterparts in India grapple with a more ominous problem: monsoon season
The Indian government is expected to buy 8 million to 10 million units of the device by March 31, 2012. The country had earlier talked about an Indian designed device as a symbol of national pride