Courier Corp. Acquires FastPencil Inc.
NORTH CHELMSFORD, MA—April 30, 2013—Courier Corp., one of America’s leading innovators in book manufacturing and content management, announced that it has acquired FastPencil Inc., a developer of end-to-end, cloud-based content management technology. A startup headquartered in Campbell, CA, FastPencil serves authors and publishers with full-featured, open-platform solutions spanning content, workflow, marketing and distribution. It also provides simple automated systems to help self-publishers get to market quickly and effectively in both print and e-book form, including the technology behind Barnes & Noble’s new NOOK Press, introduced earlier this month.
With its FastPencil acquisition, Courier builds on its leadership in content management and customization for educational publishers while bringing a comparable offering to a broader market. Since 2010, the combination of proprietary software and state-of-the-art digital printing technology has made Courier Digital Solutions a nationwide leader in the production of textbooks customized to the specific needs of individual professors, courses and institutions. The FastPencil platform brings a similar degree of flexibility and control to general trade publishers, established authors, and the rapidly expanding universe of self-publishers. At the time of its acquisition by Courier, FastPencil had relationships with more than 60,000 self-publishing content creators involving over 50,000 active projects.
“FastPencil is both a great fit for our existing customer base and a superb means of entry into one of the fastest-growing segments of our industry,” said Courier Chairman and CEO James F. Conway III. “Our current publishing customers will appreciate the extra options presented by FastPencil’s cloud-based collaborative platform, intuitive design and development tools for both print and e-books, and integrated use of social media at every stage from concept to distribution. And self-publishers, who are already taking advantage of FastPencil’s easy-to-use technology and licensing expertise, will gain tremendous added value on the print side through Courier’s ability to deliver top-quality books at attractive prices, on short order and in virtually any run length.”