Today the New York Times is reporting that Amazon has bought out Lexcycle, the company behind the excellent Stanza ebook reader for the iPhone. No financial details were disclosed. By this move, Amazon seems strengthening its presence on the iPhone and iPod Touch.

According to Lexcycle’s blog:

We are not planning any changes in the Stanza application or user experience as a result of the acquisition. Customers will still be able to browse, buy, and read ebooks from our many content partners. We look forward to offering future products and services that we hope will resonate with our passionate readers.

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 ebooks. Like Amazon, we believe there is a lot of innovation ahead for ebooks and we could not think of a better company to join during this exciting time.

[via NYT]