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.
Self-publishing is a rapidly growing segment of
the consumer books market. According to Bowker, in 2011 in either print or digital form, an increase of almost
60%...
The acquisition gives Penguin a leading position
in this fast-growing segment of the publishing industry.
