Archive - Jul 2012

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July 22nd

Pearson to acquire Author Solutions, Inc for $116m

This entry was posted on 22 July 2012.

Pearson, the world’s leading learning company, is today announcing the acquisition of Author Solutions, Inc (ASI) from Bertram Capital for $116 million in cash.

Formed in 2007, ASI is now the world’s leading provider of professional self-publishing services. It has enabled 150,000 authors to publish, market and distribute more than 190,000 books in print and electronic formats and benefits from several powerful growth trends including user-generated content, eBooks and digital publishing and marketing technologies.