Library Technology Guides

Product and Company News and Announcements

July 9, 2019

(LAC Group) LAC Group has agreed to acquire ShiftCentral, a premiere market and competitive intelligence agency specializing in delivering highly-customized, analyst-driven insights and analysis for clients in the professional services, healthcare, financial services, technology and public sectors across the United States, Canada and the United Kingdom.

(Lyrasis) LYRASIS and DuraSpace announced the merger of their two leading 501(c)(3) not-for-profits was completed on July 1, 2019, establishing one of the largest global technology and services membership organizations for research and collections holding institutions worldwide. Members will participate in developing new scalable technologies, shared innovation opportunities, and high-value, fairly priced services across the global landscape of academic and public libraries, scholarly research, archives, museums, and galleries.

June 29, 2019

(Ex Libris) Ex Libris se complace en anunciar que ha adquirido RapidILL, el proveedor de soluciones de entrega de documentos y recursos compartidos líderes en la industria.

June 21, 2019

(RedLink) Atypon, the technology leader in the scholarly publishing market, has acquired RedLink, the provider of key data and insights for academic publishers, libraries, and consortia. RedLink’s portfolio includes Remarq, the popular article-sharing, commenting, and annotation platform for researchers. RedLink’s data and engagement products, Library Dashboard, Publisher Dashboard, SiteLeads, and Remarq, are a natural fit for the publishers and institutions whom Atypon serves, and a natural extension of Atypon’s own publishing product portfolio.

June 20, 2019

(Ex Libris) Ex Libris has acquired RapidILL, the provider of industry-leading document-delivery and resource-sharing solutions. Developed by staff at the Colorado State University (CSU) Libraries, RapidILL’s flagship product, also named RapidILL, serves more than 330 institutions, which benefit from a fast, cost-effective request and delivery service for interlibrary loans. RapidILL will continue to offer its current solutions, with support from Ex Libris. At the same time, the two organizations will work together to significantly enrich resource-sharing services for the academic library market.

May 31, 2019

(OCLC) OCLC and Springshare have signed an agreement to transfer the QuestionPoint 24/7 Reference Cooperative and all active QuestionPoint subscriptions to Springshare, a recognized leader in the development of reference software for libraries worldwide.

May 29, 2019

(EBSCO Industries) The fulfillment side of Publisher Promotion and Fulfillment has been acquired by Turpin Distribution Services, Ltd, an international, UK-based provider of publisher services. Turpin has a long-standing, established client services team based in New Milford, Connecticut.

May 17, 2019

(ProQuest) ProQuest and Atairos, an independent private company focused on supporting growth-oriented businesses, announced that Atairos will acquire an ownership position in ProQuest. ProQuest will use the proceeds from the transaction to repurchase most of the shares owned by entities affiliated with the Merchant Banking Division of Goldman Sachs, which will retain a minority interest in the Company. Cambridge Information Group will maintain its majority ownership of ProQuest. CIG has been the majority owner of ProQuest since 2007, overseeing a period of growth through new product innovation and strategic acquisitions that have helped ProQuest customers respond to changing environments.

May 6, 2019

(Wiley, Inc.) Wiley announced it has signed an agreement to acquire the assets of Knewton, a provider of affordable courseware and adaptive learning technology for an undisclosed amount. The transaction is expected to close on or around May 31, 2019, subject to customary closing and regulatory condition. Knewton has developed an advanced learning system demonstrated to deliver highly-personalized learning experiences that drive superior outcomes. The Company’s Alta courseware platform delivers high-quality, Open Educational Resource (OER) content to more than 300 colleges and universities, with course offerings in key subject areas, including math, chemistry and economics. The acquisition of the Alta platform, combined with Wiley’s reach, will accelerate Wiley’s position in the rapidly-growing, affordable courseware market.

May 1, 2019

(Digital Science) Digital Science, a technology company serving stakeholders across the research ecosystem, welcomes Artificial Intelligence based language platform, Writefull, to the Digital Science family of companies. Writefull helps authors improve the clarity of their work. It suggests improvements to grammar and spelling, and to academic language usage, such as sentence structures in scientific writing, discipline-specific vocabulary, and appropriate word choice. These suggestions are based on real-world, context-specific usage rather than on a fixed set of grammatical rules.

(Cengage Learning) McGraw-Hill and Cengage announced that they have entered into a definitive agreement to combine in an all-stock merger on equal terms. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will bring together two premier learning companies that will deliver significant benefits for students, educators, professionals and institutions worldwide.

April 9, 2019

(Digital Science) Digital Science, a technology company serving stakeholders across the research ecosystem, welcomes two US-based startups to the Digital Science family of companies: automated reproducibility assessment tool, Ripeta, and data science platform, Gigantum.

March 27, 2019

(HGGC) HGGC, a leading technology-focused private equity firm, today announced that Dyal Capital Partners, a division of Neuberger Berman, has acquired a passive non-voting minority stake in the firm. Terms of the transaction were not disclosed.

March 13, 2019

(Lyrasis) LYRASIS and DuraSpace announced that by July 1, 2019, they will officially merge to create one dynamic organization, empowered to help drive scalable change, new technologies and vital services.

March 6, 2019

(Turnitin) Advance announced the acquisition of Turnitin, a leading provider of education technology for academic integrity and writing solutions, from an investment entity affiliated with Insight Venture Partners, GIC and their co-investors.

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