Amazon buys a book networking site

Amazon is acquiring Shelfari, a social networking site for book lovers. While announcing that Amazon will buy them, Shelfari wrote on their blog they were very enthusiastic about this as they stated:

The rain has stopped, the birds are chirping and the biggest news of all–we are being acquired by Amazon.com.

We’ve got some big plans ahead. With more resources and Amazon’s
expertise in building a platform where people come to share ideas,
there are a lot of new opportunities in the future that will benefit
each of you.

Amazon already owns a piece of Shelfari, and helped fund it back in 2007 according to the Seattle Post-Intelligencer. Shelfari lets users make virtual bookshelves and share it with other users.