US-based e-commerce giant Amazon on Friday Oct 28,2016 said it is acquiring the
publishing business of Tata-owned Westland for an undisclosed sum.
The acquisition will enable authors of Westland, a subsidiary of Tata
Group firm Trent, to grow their physical and digital book businesses in
India as well as expand their reach to customers globally, Amazon said
in a statement
“Our acquisition of Westland continues our commitment to India -
enabling Amazon to bring Westland’s highly talented authors and their
books to even more customers in India and around the world,” said Amit
Agarwal, Vice-President and Country Manager at Amazon India.
“Since investing in Westland earlier this year, we have built a great relationship with the company and its authors.
With this acquisition, we are very excited to take our relationship with Westland to the next level,” he added.
Westland has a history of over 50 years in retail, distribution and
publishing. It is an amalgamation of two companies, Westland Books and
EastWest Books (Madras).
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