In February Vista; a leading book publishing software provider of ERP solutions, merged with Ingenta, a provider of online publishing services to form Publishing Technology PLC, a publicly traded company listed on the London Stock Exchange AIM market.
"Publishing Technology plc will employ approximately 180 people across North America and Europe. The company will have over 350 publishing customers, including eight of the ten largest publishing houses in the world, such as Hachette, Random House, Penguin, and Reed Elsevier and, unlike large international ERP providers, the company will deliver configurable publishing-specific software solutions tailored to its clients. The company will also have 1,000 academic and corporate research library clients, such as Louisiana State University Library and Glaxo SmithKline’s research library, and a number of multilateral institution clients, such as the World Bank, the IMF and the OECD."
Our conversations with the employees of Vista revealed that both companies are truely excited about the merger. The employees talking about developing new products and marketing campaigns that build upon the strengths of both Ingenta and Vista.
From our perspective, the Vista-Ingenta merger is unlike any of the other recent mergers in the industry as it has the potential to truely grow the size of the market for both product lines. A true 1+1=3 merger.
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