Capitalizing on the buzz around Amazon's Kindle event today, competitor Kobo has announced a new 7-inch Android tablet and two new e-readers. The Kobo Arc is a potential rival to the Kindle Fire and Google's Nexus 7, offering Android 4.0, a 1280 x 800 display, 1GB of RAM, and either 8GB or 16GB of internal storage. The Kobo Glo is a front-lit e-reader with a 6-inch E Ink screen, Wi-Fi, and 1GB of storage, while the Kobo Mini is a shrunken version of the Canadian company's popular Kobo Touch, offering similar specs with a 5-inch display.

Kobo will be hoping that the rebranded Arc does better than the ill-fated Kobo Vox, another 7-inch tablet which was released last year to an almost universally negative reception — "given the poor reviews on the Vox, it seemed to be the right thing to do to not continue with that legacy," VP Wayne White tells Digital Book World. Priced at $199.99 for the 8GB version and $249.99 for the 16GB model, the Arc matches the Nexus 7, but fails to provide the added boost of Android 4.1 Jelly Bean. One of the selling points for the device is Tapestries, a proprietary interface or skin which provides content recommendations based on items pinned to the home screen.

The Kobo Arc will be available at some point in November, while the Glo and Mini will hit shelves from October 1st, priced at $129.99 and $79.99 respectively. We expect Amazon to announce a number of competing devices today, including a reboot of the Kindle Fire and a backlit e-reader — check out the rumors here, and keep an eye on our liveblog from 1:30PM ET for all the news as it happens.