Library Technology Guides

Current News Service and Archive

January 11, 2021

2CQR. Important news from 2CQR. Lyngsoe Systems has acquired 2CQR and PV SUPA [Full Announcement].

January 7, 2021

Lyngsoe Systems Lyngsoe Systems to acquire P.V. Supa Group. Lyngsoe Systems A/S Library Business Unit has signed an agreement to acquire Finnish-based P.V. Supa and its related companies in UK (2CQR) and US (P.V. Supa Inc.). [Full Announcement].

January 5, 2021

Wiley, Inc.. Wiley acquires Hindawi. John Wiley & Sons announced the acquisition of Hindawi Limited, an innovator in open access publishing and one of the world's fastest growing scientific research publishers, for a total purchase price of $298 million. The acquisition of Hindawi significantly increases Wiley's position as a global leader in research by adding quality, scale and growth to the company's open access publishing program. [Full Announcement].

December 14, 2020

Capita Agreement to sell Education Software Solutions. Capita plc announces that it has agreed to sell its Education Software Solutions business to Tiger UK Bidco Limited, a newly formed company established by funds advised by Montagu Private Equity (‘Montagu'), in a deal that values ESS at up to £400m. [Full Announcement].

ParentPay Montagu Private Equity to acquire Capita’s ESS business and invest in ParentPay Group, ESS to become part of ParentPay group, subject to approval. Montagu Private Equity, a leading European private equity firm, announced it has agreed to acquire the Education Software Solutions business (“ESS”) of Capita plc and has also agreed to invest in ParentPay Group (“ParentPay”), a leading provider of education technology. Following successful completion of both investments, ESS will become part of the ParentPay Group. [Full Announcement].

November 3, 2020

ProQuest Federal Trade Commission closes its review of ProQuest’s acquisition of Innovative Interfaces. ProQuest announced that the U.S. Federal Trade Commission has closed its review of Ex Libris' acquisition of Innovative. Innovative is now part of the ProQuest corporate family. Operationally, Innovative will run independently as a ProQuest entity and peer company to Ex Libris. [Full Announcement].

October 27, 2020

Cambridge University Press. Cambridge University Press to join with Cambridge Assessment. Cambridge University Press and Cambridge Assessment publish and create world-leading content and examinations that are used across more than 170 countries. The move is in response to a growing desire from learners, teachers and researchers to engage with Cambridge in a joined up digital way, and the demand for innovative products that combine expertise in learning and assessment. The need for an integrated approach has been accelerated by the rapid uptake of digital education during the COVID-19 pandemic. The new organisation will have the capabilities to provide world leading assessment, learning and academic research offerings globally, under the Cambridge brand and backed by first class teaching and research departments. [Full Announcement].

Clarivate IncoPat Has Joined Clarivate. Clarivate, a global leader in providing trusted information and insights to accelerate the pace of innovation, announced that Beijing Incopat Co., Ltd (IncoPat) has joined Clarivate. By combining strengths, Clarivate and IncoPat will be able to provide a more comprehensive suite of intellectual property solutions to customers in China and worldwide, covering the entire innovation and IP lifecycle – from scientific and academic research to IP portfolio management and protection. [Full Announcement].

October 24, 2020

Turnitin. Turnitin and ExamSoft: assessing with integrity at every stage of the education journey. 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. [Full Announcement].

October 23, 2020

ProQuest Underline Science announces investment from 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. [Full Announcement].

October 21, 2020

Turnitin. Turnitin acquires ExamSoft, a leading assessment platform. Turnitin, a leading provider of academic integrity and assessment solutions, has acquired ExamSoft, a software-based assessment platform, from Spectrum Equity. ExamSoft empowers educational institutions and certification and licensure programs to protect exam integrity, streamline assessment processes, and improve learning outcomes. [Full Announcement].

October 1, 2020

Clarivate Clarivate Completes Acquisition of CPA Global to Form a Global Intellectual Property Powerhouse. Clarivate, a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the completion of the previously announced acquisition of CPA Global, creating an intellectual property powerhouse. [Full Announcement].

September 30, 2020

Solus Solus UK acquires Boopsie Mobile App Division from Demco, Inc. 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. [Full Announcement].

September 22, 2020

Axiell Axiell acquires CultureConnect to bring end-to-end digital engagement solutions to cultural institutions. 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. [Full Announcement].

August 21, 2020

Elsevier. Elsevier acquires SciBite to accelerate solutions for life sciences and corporate R&D industries. 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. [Full Announcement].

August 13, 2020

Computable Publishing. DynaMed Founder Launches Computable Publishing LLC. 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. [Full Announcement].

August 11, 2020

Scribd. Welcome SlideShare to the Scribd community. 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. [Full Announcement].

August 5, 2020

Ancestry. Blackstone to Acquire Ancestry, Leading Online Family History Business, for $4.7 Billion. 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. [Full Announcement].

August 3, 2020

Axiell Axiell acquires Musoft and solidifies position as leading vendor globally for museums, archives and libraries. 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. [Full Announcement].

July 30, 2020

Clarivate Clarivate to Combine with CPA Global, Creating a World Leader in Intellectual Property Information and Services. 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. [Full Announcement].