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Fry Family Network Member Godengo, Inc. Acquires Texterity

Friday, March 30, 2012

Press release from the issuing company

Fry Communications is pleased to announce that Godengo, Inc., the largest provider of content management systems for magazine publishers and a member of the Fry Family Network™, has acquired Texterity, a leading provider of digital magazines, mobile applications, and a virtual newsstand.

“Together Godengo and Texterity will provide a next-generation unified platform for Web, mobile, and app publishing,” said David Fry, Chief Technology Officer of Fry Communications. “This is exactly why we invested in the Fry Family Network™ - to provide the best available technology and services to our customers. The welcome addition of Texterity to the Fry Family Network™ extends the digital publishing options available to our customers, to meet the full spectrum of workflow and functionality requirements.”

“The publishing industry has been looking for a true partner that can meet the full scope of needs in cross-platform digital and mobile integration, and now it has one,” said Peter Stilson, Godengo’s President and CEO, who will lead the combined company as CEO.

Fry Communications is one of several investors who provided capital to facilitate this acquisition.

 

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