Perseus, who is the parent group of Legato, was bought by the Ingram Content Group.
Ingram Content Group announced today that it has completed the transaction to purchase Perseus’ distribution businesses. Ingram has acquired Perseus’ four distinct publisher services brands: Publisher Group West (PGW), Consortium Book Sales & Distribution, Perseus Distribution Services and Legato, along with Constellation, Perseus’ digital asset management and distribution service.
“We’re delighted to officially welcome associates and clients of Perseus’ distribution businesses to Ingram,” said John Ingram, chairman and CEO, Ingram Content Group. “Ingram’s center of gravity is shifting to one that is more focused on providing comprehensive publisher services on a global scale. This acquisition supports this shift and our ongoing transformation. We’re strengthening our commitment to the success of our clients and customers, and are excited about what the future holds for Ingram and the book business.”
Ingram will combine Perseus’ client service businesses, which have 600 publisher clients, with Ingram Publisher Services’ wide range of digital, physical and print-on-demand solutions to create a premier global services offering for publishers.
Read more about the acquisition at Ingram.