Amazon’s Kindle reader for iPhone has proven to be a resounding success…at least for folks who have a Kindle. Now, Amazon looks to be increasing its presence in both the iPhone market and the broader ebook market by acquiring Lexcycle, makers of the popular iPhone ebook application Stanza. Unlike the Kindle, Stanza supports ebooks published in the open epub format from the International Digital Publishing Forum; over 100,000 books and periodicals are compatible with Stanza—and Lexcycle also offers desktop versions of its Stanza reader.
Financial terms of the acquisition were not disclosed. Lexcycle says it is not planning any changes to Stanza as a result of the acquisition.

