-----Original Message-----
From: DA Librarian List [mailto:[log in to unmask]] On Behalf Of
Burgess, Edwin Mr CGSC CARL
Sent: Monday, December 18, 2006 4:56 PM
To: [log in to unmask]
Subject: [ARMYLIB] FW: CIG Announces Acquiring of ProQuest Information
Learning (UNC LASSIFIED)
Classification: UNCLASSIFIED
Caveats: NONE
FYI, ProQuest is no longer ProQuest....
Edwin B. Burgess
Director, Combined Arms Research Library
(913) 758-3033
-----Original Message-----
From: CSA [mailto:[log in to unmask]]
Sent: Friday, December 15, 2006 2:16 PM
To: [log in to unmask]
Subject: CIG Announces Acquiring of ProQuest Information Learning
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CAMBRIDGE INFORMATION GROUP ANNOUNCES AGREEMENT TO ACQUIRE PROQUEST
INFORMATION AND LEARNING
New Company's Leadership to Include Marty Kahn as CEO, Matt Dunie as
President
BETHESDA, Maryland - December 15, 2006 - Cambridge Information Group (CIG)
announced today it has entered into an agreement to acquire ProQuest
Information and Learning, a segment of ProQuest Company (NYSE: PQE), for
approximately $222 million.
Under the agreement, CIG will combine its Bethesda, Maryland-based CSA
subsidiary with Ann Arbor, Mich.-based ProQuest Information and Learning to
create a new, privately held independent company. The new company plans to
continue operations in both locations.
Both CSA and ProQuest offer libraries and their users access to high-quality
electronic resources. CSA and ProQuest will serve a combined customer base
of more than 25,000 library customers.
CSA's products include CSA Illumina, the platform from which more than 100
scholarly databases in the natural sciences, social sciences, arts and
humanities and technology fields are made accessible; Ulrich's Serials
Analysis System, a powerful tool for library professionals who need to
identify, analyze, evaluate and create reports about the library's print and
electronic serials holdings; and the recently launched CSA Illustrata, which
permits searching and retrieval of charts, graphs, illustrations and their
captions within articles and documents.
ProQuest provides global access to one of the largest online content
repositories in the world. It is best known for its extensive collection of
business, economics, general reference, genealogy, humanities, social
sciences, scientific, technical and medical content. ProQuest's product
lines include Chadwyck-Healey(r), a collection of more than 40 extensive
reference resources of the world's literature; UMI(r) microform vault, the
largest commercially available microform collection in the world; ProQuest
Digital Dissertations; Serials Solutions; and ProQuest Historical
Newspapers(tm), an archive of 14 million pages dating as far back as 1764
which includes The New York Times, The Wall Street Journal, The Washington
Post, The Christian Science Monitor, The Los Angeles Times, The Chicago
Tribune, The Atlanta Constitution, The Boston Globe and The Hartford
Courant.
Andrew M. Snyder, president of CIG, said, "Combining ProQuest's unparalleled
collections with CSA's own rich content will enable us to further build upon
our mission of delivering an exceptional research service. The new company
will leverage deep content sets with a history of innovative product
development to bring the community of libraries, researchers, faculty and
students one of the most extensive electronic resources available."
After the transaction closes, Martin Kahn will serve as CEO of the new
company. He will relocate to Ann Arbor, Mich. A seasoned information
industry executive, Kahn is the former chairman of business and financial
information aggregator OneSource Information Services, Inc. He also served
as chairman of Ovid Technologies, Inc., an aggregator of medical and
scientific databases and full-text journal articles and as president of BRS
Information Technologies, Inc. Kahn earned an MBA from Harvard Business
School and a BA from Yale.
Kahn said, "I am thrilled to have the opportunity to lead this exciting new
company. Both companies have for many years dedicated themselves to serving
the needs of librarians, scholars and students. We are committed to building
on those traditions to create a great company for many years to come."
Matt Dunie, currently president of CSA, will serve as president of the new
company.
Dunie commented, "The ProQuest Information and Learning and CSA products are
complementary. We believe that both companies share many values - especially
a focus on the needs of end users - and that the new company has a promising
future."
David "Skip" Prichard, currently president of ProQuest Information and
Learning, will be an active contributor to the transition process. After the
transition is successfully under way, he plans to pursue new career
opportunities consistent with his interests and leadership experience.
Prichard said, "I believe the combination of CSA and ProQuest Information
and Learning will be a successful venture and an important contributor to
the library community. Both companies have a strong heritage, a deep sense
of responsibility to the materials we present and an obligation of excellent
service to the communities we serve."
About Cambridge Information Group
Cambridge Information Group (CIG) is a privately owned group of information
services companies and educational institutions located around the world.
CIG's operating companies include: CSA, R.R. Bowker, RefWorks and the
Sotheby's Institute of Art. CIG is also the largest shareholder of Navtech,
Inc. ("NASDAQ:NAVH.OB").
About CSA
CSA has been an innovator and leader in publishing and distributing quality
abstracts and indexes for more than 30 years. A worldwide information
company, CSA's products serve as a guide to researchers, faculty, librarians
and students enabling discovery and aiding the identification, management
and organization of quality information. CSA specializes in publishing and
distributing, in print and electronically, more than 100 bibliographic and
full-text databases and journals in four primary editorial areas: natural
sciences, social sciences, arts & humanities and technology. CSA is
headquartered in Bethesda, Maryland and has offices throughout the U.S.,
Canada, Latin America, Australia, Hong Kong, Japan, Europe and the United
Kingdom. Researchers in more than 4,000 institutions worldwide use CSA
information resources and CSA's print journals are used in more than 80
countries. For more information about CSA, visit www.csa.com
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About ProQuest Information and Learning
ProQuest Information and Learning is a world leader in collecting,
organizing, and publishing information for researchers, faculty and students
in libraries and schools. It is widely known for its strength in business
and economics, general reference, genealogy, humanities, social sciences and
STM content. The company develops premium databases comprising periodicals,
newspapers, dissertations, out-of-print books, and other scholarly
information from more than 9,000 publishers worldwide. Users access the
information through the ProQuest(r) Web-based online information system,
Chadwyck-Healey(r) electronic and microform resources, UMI(r) microform and
print reference products, eLibrary(r) and SIRS(r) educational resources, and
Serials Solutions e-resource access and management solutions. ProQuest(r)
Smart Search was named "Best Specialist Search Product" by the International
Information Industry Awards in late 2005. For more information about
ProQuest Information and Learning, visit www.il.proquest.com.
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####
For further information, contact Jani Spede, CSA Public Relations (Tel. +1
866-669-2889 / E-mail: [log in to unmask]).
#
CSA* 7200 Wisconsin Ave, Suite #601* Bethesda, MD 20814 About Us
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