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Sainsbury said on Tuesday the acquisition and its investment in the future development of the business would result in it having a 64 percent stake in Anobii, which currently has over 600,000 users worldwide and a library of 60,000 e-books. Anobii's other shareholders are publishers HarperCollins, Penguin and Random House. Sainsbury said the deal supports its drive into the growing online and digital entertainment market. It follows the launch of Sainsbury's Entertainment in November 2010, the acquisition of online entertainment company Global Media Vault in October 2011 and the launch of a music download service earlier this year. Sainsbury will update on first quarter trading on Wednesday. ($1 = 0.6447 British pounds) (Reporting by James Davey; editing by Rhys Jones) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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