Pearson Education Announces the Formation of the Pearson Technology Group

Technology publishing leaders Macmillan USA and Pearson Professional and Technical Reference (PTR) join forces to form the Pearson Technology Group (PTG). Mark Dalton, President of Pearson PTR , assumes the presidency of the newly formed group and will continue to report to Will Ethridge, Group President Pearson Higher Education and Professional Publishing. PTG is now the world's largest provider of consumer and professional computer, information technology, engineering and reference content.

"Together these two businesses, which have deep roots in information technology, computer publishing and engineering, are formidable in their market positions and world-class workforce," emphasized Dalton. "This strategic alignment will allow PTG to share this expertise and the core competencies of Macmillan USA and Pearson PTR across the new enterprise."

Macmillan USA houses such premier imprints as Macmillan Software, Que, Sams, BradyGAMES, Macmillan Reference, and Hayden. Pearson PTR is comprised of renowned imprints Prentice Hall Professional Technical Reference, Peachpit, Addison Wesley Professional, New Riders, Cisco Press and Adobe Press. With the alignment of these two units the Pearson Technology Group will generate approximately $300 million in worldwide revenue, with over 1000 book and software titles published in the year 2000.

"This is very exciting for us because it represents a marriage of two distinct but equal partners one with expertise in consumer markets and one with expertise in professional markets" says Dalton. "The growth figures in our industry are remarkable. The computer book market grew 13% last year and the IT training market is nearly a three billion-dollar industry. PTG is now the one stop shop, poised to meet the demands of customers at every level. "

Pearson's recently announced information technology portal, InformIT.com, will draw upon content from the vast resources of PTG's imprints. InformIT is a complete online community delivering information, technology, reference, training, news and opinion to IT professionals, students, and corporate users around the world. By focusing on key markets - programming, databases, web publishing, networking, operating systems, and certification, InformIT provides the IT professional and student alike a place to share information and find authoritative solutions. More than just a news and opinion site, InformIT is the largest compilation of technical computer reference content on the Internet.

The Pearson Technology Group has offices in Boston, MA; Upper Saddle River, NJ; San Fransisco, CA; Berkeley, CA and Indianapolis, IN.

Notes

Pearson Education is one of the world's leading educational and professional publishers, enlightening and enriching the lives of students of all ages, everywhere, with books, multiple media and learning programs in all major academic and professional disciplines. Pearson Education is the global education publishing business of Pearson plc, the international media group.

For further information

Pearson Education

 

Wendy Spiegel

 

212-782-3482


wendy.spiegel@pearsoned.com

PTG

 

Tanya Husain

 

317-581-4824


thusain@mcp.com