Library Technology Guides

Product and Company News and Announcements


October 24, 2020

(Turnitin) Turnitin announced the acquisition of ExamSoft, a scalable assessment platform that helps institutions and certification and licensure programs protect exam integrity and streamline the process of assessment. In coming together, Turnitin and ExamSoft become a single destination for upholding integrity throughout a student's entire educational journey, from book reports and problem sets to doctoral theses and professional licensure.

October 23, 2020

(ProQuest) Underline Science , the premier virtual conference venue for events in science, medicine and academia, announces a significant investment from ProQuest, a global leader in educational technology. The investment from ProQuest will enable Underline to extend the reach of its video platform for scientific and scholarly conferences, redoubling the impact of this knowledge, and providing opportunities to accelerate scientific discovery.

September 30, 2020

(Solus) Solus UK announced it has acquired the Boopsie mobile app and customer base from Demco, Inc. All Boopsie customers will be migrated to the latest Solus Library App at no additional cost to their existing subscription.

September 22, 2020

(Axiell) Axiell, the world's leading software and services provider for the cultural sector, announces the acquisition of CultureConnect, an award-winning technology company headquartered in New York City that empowers cultural institutions to easily create beautiful and dynamic digital experiences that broaden audience engagement onsite and online.

August 21, 2020

(Elsevier) Elsevier has acquired SciBite, a semantic AI company headquartered in Cambridge, UK, to help customers make faster, more effective R&D decisions through advanced text and data intelligence solutions. SciBite's solutions identify and extract scientific insights from structured and unstructured text and content, to identify key concepts such as drugs, proteins, companies, targets, and outcomes. This semantically-enriched, machine-readable data, helps SciBite's customers around the world make streamlined, more efficient decisions. SciBite's major products include: TERMite, an AI and ontology driven text analysis engine; DOCstore, which transforms search through semantic indexing; and CENtree, a next-generation collaborative ontology management platform; they are complemented by a suite of apps that support its core technology and allow customers to automate data-curation and manage terminology standards.

August 13, 2020

(Computable Publishing) Brian S. Alper announced the launch of Computable Publishing LLC. The company will advance the research and discovery of healthcare and scientific information by supporting standards for shared computable expressions. Dr. Alper most recently served as the Chief Medical Knowledge Officer at EBSCO Information Services, which he joined when EBSCO acquired his first company DynaMed in 2005.

August 11, 2020

(Scribd) Scribd has acquired SlideShare. Scribd's premium subscription service offers over 1,000,000 professionally published ebooks, audiobooks, podcasts, sheet music, and magazines, alongside over 100 million documents uploaded from our community. These documents include information and educational resources like study guides, business templates, academic papers, public court filings, and more. The acquisition of SlideShare adds over 40 million presentations to the Scribd reading ecosystem.

August 5, 2020

(Ancestry) Blackstone announced that private equity funds managed by Blackstone have reached a definitive agreement to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion. Current Ancestry investor GIC will continue to retain a significant minority stake in the company. This transaction represents the first control acquisition for Blackstone's eighth vintage of its flagship private equity vehicle.

August 3, 2020

(Axiell) Axiell, the leading supplier of software to the cultural sector, announced the acquisition of Musoft, the leading vendor for collections management, heritage catalogue, virtual reality and public facing solutions in the Czech and Slovak Republics. The acquisition advances the technology landscape for museums, libraries and cultural organisations in Eastern and Central Europe and brings customers such as Czech National Museum, Slovak National Museum, Czech National Heritage Institute, Office of the Government of the Czech Republic into the Axiell Group. Musoft's industry experience, local infrastructure, leading technologies and well-established customer relationships expand Axiell's position in Europe. In the near future, the region and Musofts existing customers will get access to the cloud-based solutions Axiell Quria for libraries and WeLib for education, as well as Axiell's solutions for collections management.

July 30, 2020

(Clarivate Analytics) Clarivate, a global leader in providing trusted information and insights to accelerate the pace of innovation, announced that it has signed a definitive agreement to combine with CPA Global, a global leader in intellectual property software and tech-enabled services. In the all-stock transaction, CPA Global shareholders will receive approximately 218 million Clarivate ordinary shares, representing 35% pro forma fully diluted ownership of Clarivate. Based on the 30-day volume weighted average share price of Clarivate, the implied enterprise value is approximately $6.8 billion, which includes approximately $900 million of the present value of tax assets. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close fourth quarter of 2020.

June 23, 2020

(Overdrive) OverDrive, the leading digital reading platform for libraries and schools, announced today that it is acquiring the assets of RBmedia's library business, including the RBdigital platform in North America, the United Kingdom and Australia.

June 9, 2020

(Overdrive) OverDrive, the leading digital reading platform for libraries and schools, announced the completion of its acquisition by KKR, a leading global investment firm. In December 2019, KKR announced that it had agreed to acquire OverDrive from Rakuten.

May 7, 2020

(Zoom) Zoome has acquired Keybase, another milestone in its 90-day plan to further strengthen the security of our video communications platform. Since its launch in 2014, Keybase’s team of exceptional engineers has built a secure messaging and file-sharing service leveraging their deep encryption and security expertise. We are excited to integrate Keybase’s team into the Zoom family to help us build end-to-end encryption that can reach current Zoom scalability.

May 4, 2020

(Gale Group) Although we believed the merger could have helped libraries reach more learners, the future for Gale has never been stronger. As distance learning becomes a new reality, Gale remains committed to providing libraries, educators and students with digital resources and educational technology to support their online learning needs. Our customers are our top priority and we will continue to deliver the high-quality content and service they have come to expect. We continue to operate as part of the Cengage portfolio and our customers will not see any disruption in the services we provide to them.

(Cengage Learning) McGraw-Hill and Cengage announced that they have mutually agreed to terminate their proposed merger of equals, which had been announced in May 2019. The decision was unanimously approved by the Boards of Directors of McGraw-Hill and Cengage. The Termination Agreement foresees no payment of a break fee on either side.

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