Latest news on the merger between Ingenta and VISTA
As we hope you will know, Ingenta announced early in February its merger with VISTA International to form Publishing Technology plc. The merger was approved by Ingenta shareholders at an Extraordinary General Meeting held on 27th February in London. The following day, the new company was admitted to the Alternative Investment Market of the London Stock Exchange under the ticker PTO.
As a provider of software supporting the print publishing process, VISTA's services complement Ingenta's online offerings to create a truly rounded, end-to-end software proposition for publishers of all sizes. We are excited about the new capabilities that the alliance offers us and look forward to presenting these to you in due course.
We know you are likely to have many questions about what the merger means for your current and future business with us, and we hope you have had the opportunity to discuss these with your client manager or a member of the Publishing Technology executive board. One key point to note is that Publishing Technology plc will adopt a "house of brands" strategy that will retain the business brands of Ingenta, VISTA and PCG and the product brands of, for example, IngentaConnect and Heron. Each business will continue to run semi-autonomously under the guidance of a combined executive board which will include Simon Dessain (previously Ingenta's CEO, and now COO of the combined organisation) and Doug Wright (Vice President of IngentaConnect and PCG). The Ingenta technology team will retain full ownership of the IngentaConnect platform under the leadership of CTO Leigh Dodds, while our Information Commerce Software will be integrated within VISTA's author2reader™ suite of applications under the leadership of Product Engineering Director Gary Bowman.
Please do not hesitate to contact us with any thoughts or questions you have about the merger - or consult the FAQs and announcements on the Publishing Technology website for further information.