The deal will allow the bookseller to focus on developing its Nook digital software and away from building its own tablets.
The device will be a 7-inch Samsung Galaxy Tab 4 with Nook’s digital reading software already on it. The tablet will be available at Barnes & Noble’s 700 U.S. stores in early August. A price for the device will be announced then.
Barnes & Noble said it will continue to make and sell its $99 Nook GlowLight e-readers and provide customer support.
The company also said it is moving its Nook employees out of its Palo Alto, California, offices to save money. Employees are expected to move to a smaller space in Santa Clara, California, by July.
Its shares have risen more than 26 percent so far this year.