Monday, January 24, 2022

Bloomsbury Acquisition of ABC-CLIO To Strengthen Tech, Market Reach; Library Journal, January 12, 2022

Maggie Knapp , Library Journal; Bloomsbury Acquisition of ABC-CLIO To Strengthen Tech, Market Reach

"Bloomsbury Publishing purchased ABC-CLIO in December 2021 for $22.9 million, bringing ABC-CLIO’s four imprints and 32 databases into U.K.-based Bloomsbury’s academic and professional division.

Becky Snyder, co-owner of ABC-CLIO, has 35 years with the company, which was founded in 1955. She noted that from her company’s perspective Bloomsbury was an optimal fit, as leadership looked at options to carry on the ABC-CLIO legacy. The imprints Praeger, Greenwood, and ABC-CLIO Solutions, as well as the company’s databases, often focus on historical and current events topics, presenting overviews, chronologies, primary sources, and analysis primarily for use in high school and up. Libraries Unlimited publishes educational and professional content for library and information service professionals.

One of the most compelling areas of opportunity Bloomsbury offered, Snyder said, was its strength and investment in current and future technology, which will allow ABC-CLIO products to continue the company’s commitment to scholarship while navigating accessibility standards, privacy protection, and emerging platforms and distribution formats."

No comments:

Post a Comment