Ingram has announced its purchase of the iofy audiobook publishing platform:

Ingram Digital, an Ingram Content company focused on solutions for digital content management, hosting, distribution and promotion, today announced it has acquired the iofy digital audiobook platform from Audiofy Corporation.

This move further enhances Ingram Digital’s audio services across all sectors and adds additional experience to its expanding team of industry experts.

This comes after Ingram have spent the past year or more working with the platform’s originators in what they describe as “various digital initiatives”. Sounds to me like they took the system for a test-drive for a year!

According to Sol Young on his blog (he heads up the iofy development team), things are looking rosy for iofy. Sol is looking forward to the deal’s potential for the platform:

I’m confident our acquisition will bring incredible value and additional ingenuity. We’ll now be building something amazing, which iofy wouldn’t have had the resources for on its own.

Publishers have for some time been crying about the cost and logistics of developing audiobooks in the various formats required for both physical and digital distribution. With Ingram securing a solid offering in solving those problems, perhaps we will see even more audiobooks flooding the market.

Personally, I think the more options we have for consuming what an author has created, the better.

Read the full Ingram press release here.