| Fiserv Buys Jerome Group
Fiserv Inc. said Monday it bought Jerome Group LLC, a provider of direct marketing and digital printing services for the financial, health care, telecom, retail and other industries. The company did not disclose financial terms. Fiserv, a provider of information management systems and services to the financial and health benefits industries, said St. Louis, Mo.-based Jerome's 2005 revenue was $44 million. Jerome's more than 300 employees will join Fiserv, the company added. Fiserv's shares rose 4 cents to $43.16 in early afternoon trading on the Nasdaq. .
(AFX UK Focus) 2006-07-17 18:33 GMT: Fiserv buys Jerome Group
BROOKFIELD, Wis. (AFX) - Fiserv Inc. said Monday it bought Jerome Group LLC, a provider of direct marketing and digital printing services for the financial, health care, telecom, retail and other industries. The company did not disclose financial terms. Fiserv, a provider of information management systems and services to the financial and health benefits industries, said St. Louis, Mo.-based Jerome's 2005 revenue was $44 million. Jerome's more than 300 employees will join Fiserv, the company added. Fiserv's shares rose 4 cents to $43.16 in early afternoon trading on the Nasdaq. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. .
Roark Capital Group Acquires DX Marketing, LLC
Roark Capital Group, an Atlanta-based private equity firm, announced today the acquisition of DX Marketing, LLC. DX Marketing provides market research, customer prospecting, data mapping, and digital printing services to its direct mail advertising clients from its facilities in Jacksonville, Florida and Savannah, Georgia. In connection with the transaction, DX Marketing will become a wholly- owned subsidiary of Money Mailer Holding Corporation, a company owned by Roark Capital and Money Mailer's management. Money Mailer, based in Garden Grove, California, is a leading direct marketing company that mails 175 million envelopes to 21 million households on behalf of more than 30,000 local, regional, and national advertisers. "We are excited to facilitate the expansion of Money Mailer's product offering in support of management's goal to create the highest quality, full service direct marketing company in the industry," said Neal K.
Banta Confirms Receipt of Unsolicited, Highly Conditional Overture
MENASHA, Wis., Aug. 9 /PRNewswire-FirstCall/ -- Banta Corporation (NYSE: BN) today confirmed that it has received an unsolicited, highly conditional indication of interest from Cenveo, Inc. (NYSE: CVO) to acquire Banta, contingent on Cenveo obtaining financing, effecting due diligence and reaching a mutually satisfactory definitive merger agreement. The Company today sent the following response letter to Robert G. Burton, Sr., Chairman and CEO of Cenveo: Banta Corporation is a technology and market leader in printing and supply-chain management services. Our integrated approach provides a comprehensive combination of printing, binding and digital imaging solutions to leading publishers and direct marketers. We excel at helping customers find unique solutions to the complex challenges of getting their products and communications to market.
Fiserv buys St. Louis firm, promotes executive
Fiserv Inc. said Monday that it has purchased The Jerome Group L.L.C., a printing and direct marketing services firm. Fiserv also announced Monday that Joseph Gibson has been promoted to senior vice president and corporate controller, effective Aug. 1, from chief financial officer of the Brookfield company's insurance unit. He replaces Thomas Hirsch, who was promoted to executive vice president and chief financial officer of Fiserv Inc. on July 1. The Jerome Group, based in St. Louis, will become part of the Personix division of Fiserv Output Solutions. Terms of the transaction were not immediately disclosed. Jerome had revenue in 2005 of $44 million. The Jerome Group is a digital print providers and a full-service direct marketing firm serving the financial services, health care, telecommunications services and retail markets, among others.
Laser Image Corporate Printing Continues Expansion, Moves to ...
DURHAM, N.C.--(BUSINESS WIRE)--Aug. 7, 2006--In July, Laser Image Corporate Printing, a 19-year old digital print service in RTP, completed its move to larger quarters at One Park Center, 4018 Patriot Drive, Durham, NC. Laser Image provides a full range of design and printing services for documentation, business identity and marketing collateral materials. The company also provides a complete range of fast-turnaround direct mail services. "The move effectively doubles our space," President Richard Smith said, "allowing us to expand services in great demand, especially data management, graphic design, and direct mail marketing. We've already added another five-color digital press and expect to hire 4 - 6 new employees in the near future. "Our clientele requires a great variety of printed materials produced on demand and delivered very fast.
HP iPAQ h6300 Pocket PC Series
HP has introduced iPAQs that enable everyone from mobile professionals to consumers to wirelessly access digital content and services such as corporate data, wireless printing, music downloads and streaming video through a variety of existing and emerging mobile services. HP is partnering with T-Mobile USA to offer customers an enhanced mobile experience by seamlessly linking its innovative iPAQ hardware to T-Mobile's national GSM/GPRS wireless voice and high-speed data network, as well as the T-Mobile HotSpot Wi-Fi Internet service. With its expertise in handheld devices and mobile network infrastructure and services, HP is uniquely positioned in the industry to make this encompassing technology experience possible. Available from T-Mobile, the HP iPAQ Pocket PC h6315 is handheld to provide mobile professionals three-way integrated wireless voice and data capabilities over GSM/GPRS, Wi-Fi and Bluetooth wireless technology.
Xerox iGen3 Digital Press Enables Modern International Graphics to Diversify Business
Modern International Graphics Inc. is using a Xerox (NYSE: XRX) iGen3(R) 110 Digital Production Press to help grow its digital printing business and become a more strategic partner for its clients. With an iGen3 110 digital press and a Xerox Nuvera(TM) 120 Digital Production System, the graphic communications company expects to grow its digital printing from 5 percent to 20 percent of overall print volume within the next two years. "We recognized that to only be good at ink on paper could be a death sentence," said Dave Margiotta, president and owner, Modern International Graphics Inc. "Getting the iGen3 digital color press was part of a business decision to continue to diversify our services and become more of an integral part of our clients' business, rather than just be an output device." According to Margiotta, the Xerox iGen3 will help the company give customers a better return on their investment, including higher response rates on direct mail campaigns.
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