SPi Global Pursues K-12 Opportunities With Acquisition
TINLEY PARK, IL -- (Marketwire) -- 11/09/12 -- SPi Global, through its subsidiary Laserwords, has acquired Tighe Publishing Services, a full-service educational development house in the K-12 educational marketplace. This acquisition positions Laserwords to take advantage of the burgeoning opportunities in the educational publishing business in the United States.
"Tighe's editorial, design, and content development capabilities will complement Laserwords' strength in production with conversion, digital, and technology services for educational publishers," said Michael O'Brien, Executive Vice President of Laserwords/SPi.
"The acquisition of Tighe allows Laserwords to become a leading supplier in the educational publishing arena," said O'Brien. "Clients of both companies see this acquisition as a welcome development for the future of their businesses."
O'Brien added that before the acquisition, Laserwords had established itself with school publishers. However, Laserwords needed an experienced editorial and design team to compete for major publishing projects. The acquisition of Tighe fills that gap, with Laserwords now being positioned to compete for larger educational programs.
Suzanne Tighe, President of Tighe, recognized Laserwords' vast experience in digital content development, offshore and conversion services, and new offerings and services for mobile content and digital services. "Laserwords' areas of expertise constitute advantages for Tighe because they complement our strengths in content development and design," said Tighe.
Maulik Parekh, SPi Global President and CEO, said, "In strengthening SPi Global's content business, a strong foundation is essential for sustainable growth. We can now focus on further building our digital service lines with the addition of a top-rate content development house. By combining Laserwords and Tighe, SPi Global continues to reinforce its leadership position in the global content solutions space."
About SPi Global
SPi Global, BPO Company of the Year in the 2011 International ICT Awards, is a leading globally recognized, full-service BPO provider with 30 offices and facilities around the world, including the US, Netherlands, Philippines, India, Vietnam and Australia. It has over 18,000 employees delivering a wide range of solutions in Customer Relationship Management, Content, and Healthcare.
SPi Global is a wholly owned subsidiary of the Philippine Long Distance Telephone Company (PLDT), the leading telecommunications provider in the Philippines. PLDT is listed on the Philippine Stock Exchange (PHP: TEL), and its American Depositary Shares are listed on the New York Stock Exchange (NYSE: PHI).
For more information, visit http://www.spi-global.com.
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