Thursday, June 01, 2006

Pearson Acquires Chancery, Macmillan Publishing Wins Borsenverin Contract

Pearson Acquires More
On top of last weeks purchase of the PowerSchool product from Apple, the company announced that it has acquired Chancery Software. The two operations will be merged together and will represent a formidable competive entity in this fast growing segment.

Macmillan (MPS)signs up Germans for Digital Archive.
Interestingly, MPS has had little luck in convincing other publishers that their solution can create a much more controlled environment for their intellectual products than the Google and Yahoo options. So far few takers. This will be a great opportunity for MPS since the company has been aggressively selling the "Bookstore Online" product since the latter part of last year. The MPS product is impressinve and moreover they have both significant expertise in technical development and publishing product knowledge having been one of the first major publishers to create an outsourcing operation in India. At there locations in India I believe they have over 6,000 employees and they do work for both the Macmillan (VHPS) companies and other publishers.

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