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Apple today announced it has signed an agreement to acquire digital magazine service Texture, available on iPad, iPhone, Android, Windows, and Kindle devices. The deal is pending approval and financial terms were not disclosed.

Apple’s services chief Eddy Cue, who revealed the news at the SXSW media festival in Austin, Texas today:

We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers. We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users.

iPhone and iPad users can download the Texture app and subscribe to unlimited access to over 200 of the world’s most popular magazines for $6.99 per month as part of an ongoing sale. Magazines can be read on up to five devices per subscription, with the ability to download issues for offline reading.

Some of the magazines available include People, Vogue, Rolling Stone, National Geographic, GQ, Sports Illustrated, Wired, Maxim, Men’s Health, GQ, Bloomberg Businessweek, ESPN The Magazine, and Entertainment Weekly. New issues are available alongside a searchable archive of thousands of past issues.

More details to follow…

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