This dashboard brings together data, trends, news, and other resources from Library Technology Guides describing the organization,
its executive leadership, personnel employed, business history, as well as related features and news articles.
Part of Cambridge Information Group. Cambridge Information Group is owned by the family of Robert N. Snyder. ProQuest is majority owned by Cambridge Information Group with minority investment by Goldman Sachs.
Mergers and Acquisitions
[Data source: statistics supplied for the annual Library Systems Report or from public information]
Documents or articles featuring ProQuest
Breeding, Marshall. ProQuest Acquisition of Innovative Proceeds.
December 2020. Smart Libraries Newsletter.
ProQuest announced that it has received notification from the Federal Trade Commission (FTC) that the review of its acquisition of Innovative Interfaces has been completed. According to ProQuest Chief Executive Officer Matti Shem Tov, the acquisition of Innovative was accepted in its entirety and without further stipulations. ProQuest announced in December 2019 that it had acquired Innovative Interfaces from its previous owners, investment firms HGGC (formerly Huntsman Gay Global Capital) and JMI Equity in a transaction that closed on January 16, 2020. The FTC review commenced in February 2020, with ProQuest making a public statement acknowledging it on March 13, 2020. No specific information is available on what triggered this acquisition for review by the FTC, nor why it took place after the transaction had closed.
Breeding, Marshall. FTC Reviews ProQuest Acquisition of Innovative Interfaces.
May 2020. Smart Libraries Newsletter.
The acquisition of Innovative Interfaces by ProQuest, announced in December 2019, is one of the major events in the history of the library technology industry. The deal in which ProQuest purchased Innovative from its previous investors, HCCG and JMI Equity, closed on January 16, 2020. Innovative has become a wholly owned subsidiary of ProQuest, with Yariv Kursh in place as general manager.
This transaction has attracted the attention of the Federal Trade Commission, which has initiated a review of the impact of the acquisition on the competitive environment. No specific timeframe has been given on the review, nor can any outcomes be predicted until it is concluded.
Breeding, Marshall. Update on the Acquisition of Innovative by ProQuest.
March 2020. Smart Libraries Newsletter.
The acquisition of Innovative Interfaces by ProQuest featured in the last issue of Smart Libraries Newsletter closed on January 15, 2020 and is now finalized. Closing the acquisition begins the business and product integration process, which will play out over the next couple of years. Innovative ultimately will be incorporated into the Ex Libris subsidiary of ProQuest.
Breeding, Marshall. ProQuest to Acquire Innovative Interfaces.
January 2020. Smart Libraries Newsletter.
In a move that further consolidates the library technology industry, Ex Libris has entered into a definitive agreement to acquire Innovative Interfaces, Inc. from its private equity investors. Since December 2015, Ex Libris has been owned by ProQuest. In addition to its role as a major content provider to libraries, ProQuest is now responsible for a growing portfolio of library technology products, including major systems for resource management, content discovery, materials acquisition, reading list integration, and research services. While ProQuest faces major competition for each of its product categories, this move substantially strengthens its position in the sector and broadens its scope to include public libraries.
Breeding, Marshall. New Leadership for ProQuest and Ex Libris.
July 2017. Smart Libraries Newsletter.
The board of directors of ProQuest has announced that Matti Shem Tov, President of Ex Libris, will assume leadership of the entire ProQuest organization, succeeding current CEO Kurt Sanford. This change comes a year and 4 months after the acquisition of Ex Libris, a move that significantly expanded the position of ProQuest as a content, services, and technology company for libraries. This move represents an interesting change in ProQuest where the top leadership comes from the technology sphere rather than the publishing industry.
Breeding, Marshall. ProQuest to Acquire Ex Libris.
November 2015. Smart Libraries Newsletter.
In a move that alters the business dynamics of the library technology sector, ProQuest has announced that it will acquire Ex Libris in a deal expected to close later in 2015. Ex Libris, under the ownership of Golden Gate Capital since November 2012, will become a wholly owned business of ProQuest. This merger significantly extends ProQuest's offerings of technology-based workflow and resource management tools and places a broader portfolio of products under the responsibility of Ex Libris. While this merger represents a major step in the evolution of the industry, it is not anticipated to compromise the availability of current product offerings. Longer-term product strategies will be developed over time in collaboration with the company's customer base.
Breeding, Marshall. ProQuest Launches the Intota Foundation Release.
August 2014. Smart Libraries Newsletter.
ProQuest has released the initial version of Intota, its library services platform that has been under development since 2011. Fully integrated with the Summon discovery service, this version of Intota builds on Intota Assessment, released in November 2013. It adds to the package management tools for electronic resources; the new ProQuest global knowledgebase of metadata describing the holdings of electronic, digital, and print resources; and specialized functionality to support new models of resource procurement, such as demand driven acquisition of library materials. ProQuest designates the current package as the “foundation” release of Intota, upon which will be layered additional modules and functionality
Breeding, Marshall. ProQuest Unifies its Business, Drops Serials Solutions Brand.
March 2014. Smart Libraries Newsletter.
In a move that reflects a strategy of a more unified corporation structure with more cooperation among its products and services, ProQuest has officially discontinued the Serials Solutions brand and made other organizational changes in recent months.
Breeding, Marshall. Flow: Proquest’s new Platform for Citation Management and Research Collaboration.
February 2014. Smart Libraries Newsletter.
Building on the longstanding success of RefWorks, ProQuest launched Flow in April 2013 as its new generation platform for citation management and facilitating collaboration among researchers with analytics on the use patterns of resources. As a tool that sits between content and the researcher, Flow can be seen as a critical product for libraries and for ProQuest in its role as a content provider. Through RefWorks, ProQuest and its parent company CIG have been involved in citation management for more than a decade. Flow is positioned to move beyond basic citation management, providing an environment to foster engagement among researchers and a new layer of end-user interactions across its product lines. ProQuest announced in January 2014 that it is offering of a free version of Flow to qualified researchers.
Breeding, Marshall. Serials Solutions to Launch Summon 2.0.
May 2013. Smart Libraries Newsletter.
Serials Solutions will launch Summon 2.0, a major update of its Web-scale discovery service, expected to be available in June 2013. Summon 2.0 brings in a number of new major features, as well as optimizing some recently added capabilities. As part of the transition to Summon 2.0, Serials Solutions will make improvements to its underlying technical platform. Serials Solutions launched the genre of Web-scale, index-based search, announced in January 2009, with its first live implementation in July 2009 at Grand Valley State University.
Breeding, Marshall. Serials Solutions Announces Intota Assessment.
March 2013. Smart Libraries Newsletter.
Serials Solutions announced that it plans to provide Intota Assessment for use in 2013, prior to the entirety of the product. This strategy reinforces one of the key principles underlying the data-oriented design of Intota. To support more informed decision- making in areas such as collection development, Intota Assessment will use operational data and metrics from all aspects of the library's systems in addition to data drawn from the company's knowledgebases and bibliographic products.
Breeding, Marshall. Serials Solutions launches Summon Suggestions for enhanced research assistance.
December 2012. Smart Libraries Newsletter.
Serials Solutions has added a new cluster of features to its Summon discovery service, announced in November 2012, designed to provide additional research assistance to library patrons beyond the presentation of search results. These features, based on the context provided by the user's search query, provide automated tools that can be customized by the library as well as real-time assistance capabilities.
January 26, 2021.
France’s Le Monde Newspaper Archive will be available to academic and public Libraries through ProQuest.
Researchers will soon have a new and invaluable resource for exploring the history and culture of France from 1944 to 2000. The historical archive of Le Monde – considered one of the newspapers of record for France and one of the best-known and most influential publications in the world – will be available in full-page digital image format to academic and public libraries through ProQuest in March 2021.
January 12, 2021.
Introducing ProQuest One Business: supporting business students on the path to academic and professional success.
ProQuest announced the launch of a new solution designed to support the unique teaching and learning needs of business faculty and students: ProQuest One Business. Developed in collaboration with faculty, students and business librarians, ProQuest One Business delivers a mix of practical and theoretical content in an interface that helps students build the research skills they'll need for success in their courses and careers. A business-focused user experience guides students to content for their most common assignments – including SWOT analyses, case studies and industry reports.
December 10, 2020.
New TDM Data Visualization interface supports research at all levels.
Text and data mining is now accessible to all researchers – even those without coding experience – thanks to a new visualization interface in ProQuest TDM Studio. The new interface enables TDM to extend beyond pure research and into teaching and learning by enabling students to explore large datasets.
[Data source: text supplied for the annual Library Systems Report]
2015 ProQuest Accomplishments Narrative
The major change for ProQuest Workflow Solutions is, of course, the merger with Ex Libris. In December, 2015, Ex Libris was acquired by ProQuest, and ProQuest Workflow Solutions, a business unit of ProQuest, was merged with Ex Libris to create Ex Libris, a ProQuest company.
This merger meant that the products reported for this survey are now being developed, maintained and offered by Ex Libris, a ProQuest company. All products that have been released into production will continue to be supported. The new company is committed to maintaining and supporting all ProQuest and Ex Libris products. It is not the intention of the new company to reduce choice in the market.
This is particularly notable for the two discovery solutions, Primo and Summon. Both will continue as flagship products, with active development roadmaps. Data from the Summon index will be used to enrich the Primo index, both in coverage and in metadata content.
With the merger, development of unified collection management capabilities will center around the Alma platform. Elements of the Intota vision will be added to Alma in a collaborative program with the original Intota development partners. Intota version 1, the unified e-resource management, assessment and discovery solution now installed at more than 100 libraries worldwide will continue to be supported.
Prior to the merger, ProQuest Workflow Solutions improved capabilities across its product line. There are multiple releases of every production solution. Most significant are:
Extensive development on 360 Link, the SaaS link resolver, including new sidebar user interface options and the inclusion of Ulrich’s data and Altmetrics data within the interface
Several releases of Summon that improved relevancy ranking and known item searching. The migration of Summon to Amazon Web Services significantly improved uptime, stability and performance.
The introduction of new platform for Project COUNTER reports in 360 Counter.
Enhancements to Intota Assessment based on customer feedback, including the addition of local call numbers and options for title comparison.
The adoption by a growing number of libraries of the fully automated DDA workflow offered in Intota version 1.
Please note that the employee count given is for ProQuest Workflow Solutions related only to the product lines reported. This is a variation from last year when all employees, including those working on other product lines, such as Books in Print, were reported.