Friday, February 01, 2008

Ivize purchases litigation support business unit from Aptara

Falls Church, Virginia – January 14, 2008 – Aptara, Inc., a global leader in content transformation technology, announced today the sale of its litigation support business unit to Ivize, a market-leading provider of legal document services. Financial terms of the sale were not disclosed.

Aptara provides a range of content services enabling companies to develop, prepare, manage and present their proprietary information assets in new and innovative ways. Aptara’s proprietary technologies have made it an industry leader in the rapidly growing fields of publishing, eLearning and content management. The market for textbooks alone will reach $7.8 billion within five years, according to Forrester Research.

“Given the rapid growth of these sectors globally, it is critical that Aptara focus all of its resources on expanding its leadership positions in publishing, eLearning and content management,” said Dev Ganesan, executive vice president and chief financial officer of Aptara. “The sale of the litigation support business unit allows management and the company to focus on our core business and to continue the company’s almost twenty year legacy of developing innovative content solutions to meet customer needs.”

No comments:

Post a Comment