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Slide #55. Courier Corporation — FastPencil
Courier Corporation (CRRC)
Courier Corporation (NASDAQ:CRRC), one of America's leading innovators in book manufacturing and content management, today announced that it has acquired FastPencil, Inc., a developer of end-to-end, cloud-based content management technology. A startup headquartered in Campbell, California, 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.
Courier, together with its subsidiaries, is a book manufacturer and is engaged in content management. Co. has two operating segments: book manufacturing and publishing. The book manufacturing segment focuses on streamlining the process of bringing books from the point of creation to the point of use. The publishing segment consists of Dover Publications, Inc. (Dover) and Research & Education Association, Inc. (REA). Dover publishes titles in various categories including children's books, literature, art, music, crafts, mathematics, science, religion and architecture. REA publishes test preparation and study guide books for high school, college and graduate students, and professionals.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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