IT Company Value Chain Acquires BPO Firm Digital Publishing Solutions

Australian business process information management company, Value Chain, has entered into an agreement to acquire Digital Publishing Solutions Pte Ltd. (DPS), a wholly owned subsidiary of Singaporean software development and IT services group, 1st Software Corp.

The transaction will see Value Chain assume full ownership of DPS’ operations in Singapore, India, UK and the USA. On completion of the acquisition, DPS staff and operations will be integrated into the Value Chain business.

DPS has a six-year history in delivering digital content solutions including BPO capabilities and has over 600 staff worldwide. Global customers include McGraw Hill, Taylor & Francis, Harcourt, Thomson, Cambridge University Press, Greenwood Publishing, World Scientific and Cisco.

Ananda Rao, CEO of Value Chain, said the acquisition of DPS provides a strategic fit and will help drive new lines of revenue for the business in content digitization, conversion and processing. The DPS business will add an additional $6 million (AUD) in revenue, bringing Value Chain’s total revenue for the fiscal year to approximately $8 million (AUD).

“Digital content is now leading the way forward, driven in part by increased adoption of the Internet as a distribution channel. With our combined strengths, Value Chain has immediate opportunities to expand sales efforts by leveraging DPS’ customer base and global reach to on-sell our expanded information management services and solutions suite,” said Rao.

As the global market for digital content continues to grow, Mr. Rao plans to build an additional digital content BPO facility in Australia to support the digital content needs of Value Chain’s clients worldwide.