Library Technology Guides

Current News Service and Archive

September 13, 2022

Clarivate Newfold Digital signs agreement to acquire MarkMonitor from Clarivate. Clarivate announced that Newfold Digital, a leading web and commerce technology provider backed by Clearlake Capital Group and Siris Capital Group,, has signed a definitive agreement to purchase MarkMonitor, an industry-leading enterprise-level provider of domain management solutions. Under the terms of the agreement, Clarivate will receive cash proceeds of approximately $302.5 million. The transaction is expected to close in late 2022 subject to the satisfaction of regulatory approvals and other customary closing conditions. [Full Announcement].

September 12, 2022

Library Futures Library Futures Joins the Engelberg Center. We are excited to announce that the nonprofit project Library Futures is joining the Engelberg Center. Library Futures is a two year old initiative that explores the future of libraries and free and open information for the public. They identify and address cutting edge issues within library and information science, mobilizing a community of experts through research, policy, education, special projects, and programmatic interventions that seek to encourage adoption of technologies that uplift libraries in the digital age. With a strong track record of success, the team is well positioned to begin making immediate contributions to the Engelberg Center. [Full Announcement].

September 7, 2022

Scholastic Corporation Scholastic acquires Learning Ovations, creator of A2i literacy assessment and instructional system. Scholastic Corporation, the global children's publishing, education and media company, announced today that it has acquired Learning Ovations, the creator of A2i, a literacy screening, progress monitoring assessment and instructional planning system for classrooms and community organizations. The addition of A2i and the Learning Ovations team will significantly advance the development of Scholastic Education Solutions' literacy platform, which integrates screening and progress monitoring assessments, data-driven instructional planning and professional learning with Scholastic's bestselling books and e-books, print and technology-based learning programs, and other products and services that support children's learning and literacy, both in school and at home. The terms of the transaction were not disclosed. [Full Announcement].

August 18, 2022

Ithaka ITHAKA invests in open-annotation leader Hypothesis. ITHAKA is investing in the leading open annotation service Hypothesis. Hypothesis -- developed with funding from the Sloan, Mellon and other foundations -- allows users to make private, semi-private, or public annotations on any webpage, PDF, or document. This $2.5 million investment—made to Anno, the public-benefit corporation that is home to Hypothesis—furthers ITHAKA's mission to expand access to knowledge and education by supporting a key component of open higher education infrastructure: interoperable teaching and learning tools that positively impact student learning outcomes. [Full Announcement].

August 11, 2022

Silverchair Thompson Street Capital Partners completes growth investment in Silverchair. Thompson Street Capital Partners, a private equity firm based in St. Louis, announced a growth investment in Silverchair, the leading independent content management, product enablement, and digital transformation platform for association, society, and independent publishers. BrightTower, an investment banking and M&A advisory services firm, served as exclusive financial advisor to Silverchair. Terms of the transaction were not disclosed. [Full Announcement].

July 19, 2022

FEV Tutor FEV Tutor announces strategic acquisition by Alpine Investors. FEV Tutor, the K-12 market leading research and evidence-based online tutoring platform, announced its partnership with Alpine Investors, a people-driven private equity firm that is a Certified B Corporation committed to building enduring businesses. Terms of the transaction were not disclosed. [Full Announcement].

Library Binding Service LBS acquires Cover Material Sales, Inc.. LBS, a manufacturer and distributor of materials for the production of books and luxury packaging, announced that it has acquired the assets of Cover Material Sales Inc., Hyannis, MA effective Monday, July 18, 2022. [Full Announcement].

July 11, 2022

SAGE Technology from SAGE acquires reading, authoring, and collaboration tool Sciwheel. Technology from SAGE, a division of SAGE Publishing, has acquired Sciwheel, an award-winning tool providing library patrons with an easy way to discover, read, annotate, write, and share research. Founded by Vitek Tracz, the entrepreneur behind the Current Opinion journals, Current Drugs, F1000 and BioMed Central, Sciwheel was created to go beyond traditional reference management by assisting students and researchers throughout the entire writing process. Sciwheel will be integrated with Technology from SAGE's Lean Library, to create a comprehensive academic workflow tool. [Full Announcement].

Hachette Dialogue becomes division of Hachette UK as Sharmaine Lovegrove steps up to the board. Hachette UK has announced that Dialogue Books, which was founded by Sharmaine Lovegrove in 2017 as an imprint of Little, Brown Book Group, is to become a standalone division of Hachette UK. Publisher Lovegrove will be promoted to Managing Director and join the Hachette UK Board. [Full Announcement].

June 15, 2022

Infobase Infobase announces investment by Northlane Capital Partners. Infobase, a leading provider of cloud-based educational solutions, integrating content, tools, and technology to foster lifelong learning and deliver interactive learning experiences, announced that it has received a majority investment from Northlane Capital Partner. The transaction includes significant continued equity participation from Centre Lane Partners and management. [Full Announcement].

June 10, 2022

Cambridge Information Group Cambridge Information Group acquires the Emerald Group. The Emerald Group today announced they were acquired by Cambridge Information Group (CIG). A publisher of academic journals, books, and case studies in the social sciences, Emerald has recently diversified into corporate learning through a suite of acquisitions which now form Emerald Works. Cambridge Information Group is a family-owned, mission-led investment firm with a history of long-term investments in education, information, and software companies. [Full Announcement].

EBSCO Industries EBSCO Capital announces the Acquisition of Hydrolico for Bailey International. EBSCO Capital announces the acquisition of Hydrolico International for EBSCO Industries' portfolio company, Bailey International, a leader in the manufacturing and distribution of mobile hydraulic power solutions, headquartered in Knoxville, TN. Hydrolico is a Quebec-based, leading manufacturer and distributor of hydraulic equipment and components. [Full Announcement].

June 7, 2022

Coherent Digital Coherent Digital acquires the Index to Current Urban Documents Database. Coherent Digital has acquired Index to Current Urban Documents from ILM Corporation. Index to Current Urban Documents contains more than 5 million pages of reports and research statistics published since 1972 by local government agencies, civic organizations, research organizations, public libraries, and metropolitan and regional planning agencies in hundreds of major North American cities. Coherent Digital will relaunch the database as Policy Commons: Cities, a new sister product to the Policy Commons database of publications from think tanks, NGOs, and IGOs. [Full Announcement].

Elsevier Elsevier closes Interfolio acquisition. Elsevier, a global leader in research publishing and information analytics, and part of RELX, has closed the acquisition of Interfolio, a provider of advanced faculty information solutions for higher education, headquartered in Washington DC, US. [Full Announcement].

June 1, 2022

Annual Reviews Nonprofit Publisher Annual Reviews acquires The Charleston Advisor. Nonprofit publisher Annual Reviews has acquired The Charleston Advisor, a widely used and respected collection development tool. Founded in July 1999, The Charleston Advisor publishes detailed product reviews of proprietary and freely available web-based resources for the library market. Reviewed product types include databases, pricing tools, scholarly journals, collections. [Full Announcement].

May 25, 2022

Naseej Naseej Shares Begin Trading on Nomu-Parallel Market. Shares of Naseej for communication and information technology started trading on the Nomu-Parallel Market, May 24, under the symbol 9538 and ISIN Code SA15IH34L116. Daily fluctuation limit is ±30% and static price fluctuation limit is ±10%. On March 28, the Capital Market Authority approved Naseej's application to register its shares for direct listing on Nomu, and on April 20th Naseej announced the registration document for listing it shares on Nomu, with a price guidance for trading its shares at SAR 70. [Full Announcement].

May 23, 2022

Blackboard Class reaches definitive agreement to acquire Anthology's Blackboard Collaborate. Class Technologies, a leader in the synchronous virtual classroom space, and Anthology, a provider of education solutions that support the entire learner lifecycle, announced they have signed a definitive agreement for Class to acquire Anthology's Blackboard Collaborate virtual classroom tool. [Full Announcement].

April 21, 2022

Elsevier Elsevier announces its intention to acquire Interfolio. Elsevier, a global leader in research publishing and information analytics, and part of RELX, announced that it has entered into an agreement to acquire Interfolio, a provider of advanced faculty information solutions for higher education, headquartered in Washington DC, US. Founded in 1999, Interfolio supports over 400 higher education institutions, research funders and academic organizations in 25 countries, and over 1.7 million academic professionals and scholars. [Full Announcement].

March 9, 2022

Francisco Partners Francisco Partners announces sale of Discovery Education. Discovery Education, a global edtech company whose digital learning software platform supports educators and improves student achievement, announced it has entered into a definitive agreement to be acquired by an affiliate of Clearlake Capital Group. Upon closing of the transaction, Clearlake will become the majority shareholder while Francisco Partners will retain a minority equity stake. Scott Kinney, CEO of Discovery Education, will continue to lead the Company supported by the existing management team. The terms of the transaction were not disclosed. [Full Announcement].

March 1, 2022

Waterstones. Waterstones to acquire Blackwell's. Waterstones announced that today funds advised by Elliott Advisors Limited have acquired Blackwell's, an iconic academic and specialist bookseller in the UK. This follows the acquisition of the Foyles bookshops in September 2018. [Full Announcement].