Cenveo to Acquire Glyph International
Cenveo recently announced its plans to acquire Glyph International, a leading provider of content solutions to publishers.
Glyph specializes in full suite content production, from project management through editorial, composition, artwork, and XML creation. Glyph has more than 550 employees worldwide and a strong market presence in both the U.S. and the U.K. The terms of the transaction were not disclosed.
The acquisition is expected to be completed during the second quarter and is projected to be accretive to earnings in 2010.
Robert G. Burton, Sr., Chairman and Chief Executive Officer of Cenveo, said, "The acquisition of Glyph International significantly strengthens our market presence and end-to-end production capabilities in the journal and book publishing markets. Glyph International is a perfect complement to our existing platform and allows us to expand our product offerings to the customers of both the Cadmus and Glyph businesses. We are very excited about the prospect of teaming up these two companies and welcome the Glyph employees to the Cenveo family.
For more information visit http://www.cenveo.com