Posted by: bluesyemre | January 22, 2013

ProQuest Acquires EBL, Will Merge with Ebrary

  • ProQuest on January 18 signed a definitive agreement to acquire Ebook Library (EBL), the companies announced today. They plan to merge EBLs platform with ebrary, which ProQuest acquired in January 2011. The transaction is expected to be complete by April, according to a letter sent by Kari Paulson, president of EBL. In a statement to the press, ProQuest CEO Kurt Sanford said that the company viewed EBL’s business models and acquisition tools as complementary to ebrary’s core platform technology, subscription service, and content selection. Ultimately, the combined platform will then be connected to all of ProQuest’s products and services, such as its Summon discovery solution. Paulson will join ProQuest to lead the merger and ultimately manage the combined ebook business unit, reporting to Kevin Sayar, cofounder of ebrary and now senior vice president of ProQuest Workflow Solutions.

http://j.mp/Viuhe9

http://www.eblib.com/


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