ANN ARBOR – ProQuest has signed an agreement under which the company
would acquire the Thomson Reuters Dialog business. The transaction is
expected to close pending a successful completion of the formal
consultation period and other customary closing conditions. Financial terms
were not disclosed.
The acquisition of Dialog would allow ProQuest to deepen its
penetration in the corporate library and professional research markets with
a valued brand, authoritative content and precision search tools.
“Dialog is a highly respected source of information and a trusted brand
for libraries, so it is an exceptionally good fit in the ProQuest family,”
said ProQuest CEO Marty Kahn. “The companies’ content and market strengths
complement each other and just as important is the match with our values —
we share a deep understanding of the library community and commitment to
serving it with high-quality information tools.”
Dialog would continue to be an important distribution channel for
Thomson Reuters content after the transaction. Derwent World Patents Index
(DWPI), Investext, TrademarkScan, SciSearch(R) and BIOSIS are among the
many business-critical databases that will remain available through the
Dialog services.
“Both ProQuest and Thomson Reuters understand the valuable role of
Dialog in the information industry,” said Kahn. “During this interim
period, we feel absolutely confident that Thomson Reuters will continue to
provide customers with the high level of support and service they have come
to expect.”
Founded 40 years ago by Roger Summit, Dialog was the world’s first
online information retrieval system to be used globally with commercially
important databases. Dialog online-based information services help
organizations across the globe to seek competitive advantages in such
fields as business, science, engineering, finance and law. The Dialog
portfolio of products and services, including Dialog(R) and DataStar(R),
offers organizations the ability to precisely retrieve data from more than
1.4 billion unique records of key information, accessible via the Internet.
With direct operations in 27 countries, Dialog products and services
are a combination of highly accurate online research tools offering access
to unique and relevant databases designed to meet the specific needs of its
wide range of users. Information professionals and end-users within
business, professional and government organizations in more than 100
countries value Dialog services to meet their searching needs.
ProQuest plans for the Dialog business include refreshing its
platforms, evolving them to meet the needs of today’s information
professional, as well as exploring new products and renovating existing
products.
For more information about the ProQuest family of information
brands and products, click on ProQuest.Com
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