Aptara, a global digital media and multi-channel content production provider , announces its acquisition by iEnergizer Limited, a publicly listed company based in London (LSE:IBPO.L) with a market capitalization of approximately USD 700 million.
“iEnergizer recognizes that the market for digital content production is immense and still largely untapped,” said Dev Ganesan, Aptara’s CEO and President. “Their strategic investment gives Aptara a wider and longer runway for expanding the scope and scale of our operations at a time when publishers are pursuing vendor consolidation. I’m thrilled to announce that combined, Aptara now brings over 11,000 employees to work for our customer base, and the financial strength and stability of a public company for taking on even larger scale content production initiatives. This merger deepens Aptara’s stronghold in the digital and mobile content technology arena.” Aptara’s digital media offerings include editorial services, e-book conversion and production, e-learning production and content management and publishing.
Sara Latham, Chairman of the Board for iEnergizer, commented, “It couldn’t be a more exciting time, nor could we have a better partner, for driving innovation in the dynamic digital marketplace. Aptara’s reputation within the corporate, consumer, educational, and professional publishing sectors is second to none. As the only player in the industry that offers content creation, instructional design, graphic design, editorial services, and cross-platform publishing technologies with a proven onshore/offshore production model, we are well positioned to help content providers’ capitalize on digital mediums with new media-rich, interactive products.”
Latham and Anil Agarwal, founder of iEnergizer, will join Aptara’s Board of Directors. Latham, a former advisor to President Bill Clinton and UK Prime Minister Tony Blair, and former Chief of Staff for the Obama-Biden administration transition, has over 15 years of extensive communications and government relations experience. Agarwal has promoted and managed several successful global businesses in the business process outsourcing, oil and gas, real estate, and luxury shoe industries.
Aptara will continue to operate as a standalone entity and retain the Aptara name. Visit the Aptara website.
