Lexcyle have created revolution in the e-boook industry by developing a free e-book reader called as Stanza. Stanza is designed for i-phone and i-pod touch, to download from a vast selection of over 100,000 books and periodicals in a number of formats, and read them right on your phone.

On April 27, 2009, Amazon which dominates e-book industry with its Kindle has acquired Lexcycle. It seems that this action is done to improve Kindle application. Stanza supports e-books in any format from Adobe PDF to XML standard format and EPUB. Amazon would implement this supporting capability to extend choice in the format in which e-book readers can access e-books and e-reading content.

“We are not planning any changes in the Stanza application or user experience as a result of the acquisition,” wrote Lexcycle’s principal developer and founder Marc Prud’hommeaux in a blog post on the site. “Customers will still be able to browse, buy and read e-books from our many content partners. We look forward to offering future products and services that we hope will resonate with our passionate readers.”

“It’s very early days for e-books, and we believe there is a lot of innovation ahead of us. Lexcycle is a smart, innovative company, and we look forward to working with them to innovate on behalf of readers,” said Amazon spokeswoman Cinthia Portugal to The New York Times.

“We are excited to join forces with a company that has innovated on behalf of readers for over a decade and is a pioneer in e-books,” Prud’hommeaux wrote. “Like Amazon, we believe there is a lot of innovation ahead for e-books and we could not think of a better company to join during this exciting time.”