IDG Books to Buy MIS Press and M&T Books From Henry Holt

Posted on November 13, 1997

IDG Books Worldwide, Inc. has signed a letter of intent to purchase MIS: Press and M&T Books from Henry Holt Publishers in New York for an undisclosed sum. The deal takes Holt out of trade computer book publishing.

IDG Books Worldwide President and Publisher Steven Berkowitz characterized the acquisition as a strategic move in an industry that is seeing more consolidation. "MIS: Press and M&T Books produce well-written books and series that are in keeping with our commitment to publishing high quality editorial content. Our strengths in building and marketing brands will help us to expand our market share in the tightening book publishing arena."

MIS: Press and M&T also publish for a range of skill levels from the introductory Teach Yourself and ... in Plain English series to high level programming books. They published about 80 titles in 1997 and IDG Books plans to expand and reposition their publishing list for 1998.