Sony has finally decided to exit the eBook space. While personally I have never been impressed with Sony’s readers, I do find this a bit sad as they were one of the eBook pioneers. However with strong rivals and little innovation on their part this really isn’t a surprise. Sony just doesn’t have the numbers to keep supporting development. According to their press release Sony will be transitioning Reader Store to Toronto based Kobo.
Shatskin has a really good write up on the whole thing over on his blog. He includes some links speculating that Nook will be shuttered by the end of the year. I’d recommend checking it out.