LibreDigital acquires Symtio
June 29, 2010 | 9:04 am
By Paul Biba
From the press release:
LibreDigital, Inc., a leading provider of digital marketing and distribution technology for publishers, today announced that it has acquired the Symtio e-commerce platform from Zondervan, a HarperCollins company.
Launched as a division of Zondervan in 2008, Symtio is a multi-channel digital media platform that enables customers to purchase and access digital media – including eBooks, audiobooks music, and video – online or through an in-store retail card program. As part of the acquisition LibreDigital is adding the Symtio e-commerce technology, existing e-commerce contracts and applications, and key e-commerce staff. LibreDigital is not acquiring Symtio’s retail card business, which Zondervan is in negotiations to sell separately. Financial terms of the deal are not being disclosed.



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