Amazon confirmed that they’re planning to target “colleges and universities” with a new version of the Kindle, reports the Seattle PI. Textbooks are a $5.5 billion annual market, and most publishers now offer electronic versions of their textbooks. McGraw-Hill Education, for example, publishes 95% of their books electronically as well as in print. But there is no compelling device to read them on. The new Kindle will likely be a large screen version of the original, which is much better suited for textbooks, reports TechCrunch.