Afaqs: Infomedia 18 has sold its entire stake in Glyph International, its publishing content services business, to the US-based graphics services firm, Cenveo for an undisclosed amount.
This is part of Infomedia’s strategy to exit non-core businesses and deploy resources to focus on core media segments, search, internet and directories services.
Haresh Chawla, group CEO, Network18 and managing director, Infomedia, says “Cenveo has a strong presence in publishing services, and will offer significant growth opportunities for our employees and continued superior services to Glyph International’s clients.”
Glyph International is one of the leading providers of publishing services in the world, with offices in Bangalore, New Delhi, London, and Fort Lauderdale, Florida.