BarnesandNoble.com takes minority stake in notHarvard.com

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BarnesandNoble.com will open its first online learning venture, Barnes & Noble University, through acquisition of a minority stake in notHarvard.com, an "educommerce" company. The companies are developing Barnes & Noble University as a free online education resource, to open this summer. Financial terms were not disclosed. BarnesandNoble.com is among several new investors in notHarvard.com, which raised $26 million in its second round of venture funding.

Copyright May 2000, Crain Communications Inc.

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