MPS Limited acquired US business of HighWire Press, Inc. for $6.1 million.
July 30, 2020
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MPS Limited (BSE:532440) agreed to acquire US business of HighWire Press, Inc. for $6.1 million on July 1, 2020. This acquisition is made through a forward merger of HighWire Press Inc. with HighWire North America LLC, and is subject to the Delaware General Corporate Law (DGCL) and the Delaware Limited Liability Company Act (DLLCA), by virtue of the filing of the certificate of merger with the Secretary of State of the State of Delaware under the Delaware state corporate law in the USA. The forward merger and the takeover by US Branch will occur at closing, subject to aforementioned regulatory approval in US.
MPS Limited (BSE:532440) completed the acquisition of US business of HighWire Press, Inc. on July 1, 2020. The transaction has been approved by the Delaware General Corporate Law (DGCL) and the Delaware Limited Liability Company Act (DLLCA). In a related transaction, MPS North America completed the acquisition of HighWire Press Limited.
MPS Limited is an India-based company, which is engaged in providing of platforms, content, and learning solutions for the digital world. The Company operates through two segments: Content solutions and Platform solutions. Its Content solutions segment is engaged in creating and developing content for print and digital delivery. It includes content authoring/development, content production, content transformation, fulfilment, and customer support services. Its Platform solutions segment is engaged in developing and implanting various software and technology services programs. The Companyâs platforms include DigiCore, MPSTrak, mag+, THINK360, ScholarStor, ScholarlyStats and MPSInsight. Its MPSTrak is a cloud-based production workflow and content management platform for all product types including books, journals, reference works, and all media. THINK360 is an end-to-end, cloud-based integrated platform that enhances the user's overall content management and delivery experience.
MPS LIMITED 
