Big Deals Highlighted 2021 Acquisitions

« (…) The biggest acquisition came in the information and library publishing market, where London-based Clarivate bought ProQuest for $5.3 billion. (The deal did not included Bowker, which remains part of Cambridge, a separate unit of ProQuest.) The combined company has over 11,000 employees, with 45,000 customers in over 200 countries, and Clarivate’s 2022 revenue is projected to be between $2.87 billion and $2.93 billion. The deal was opposed by the advocacy group SPARC, which represents more than 240 academic and research library members, who said the combination “pushes this market to the brink of a monopoly.” (…) »

source > publishersweekly.com , Jim Milliot,, 31 décembre 2021

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