Today’s news: Springer to be sold; Bilbary founder admonishes publishers; Science.gov now in a Spanish; Phaidon Press acquired by Leon D. Black; Orbis Cascade Alliance selects Ex Libris; and AAUP launches Books that Matter;
SkyNews reports that “the world’s second-biggest publisher of scientific research journals is being groomed for a sale that is likely to value it among Europe’s largest private equity transactions since the credit crisis.
According to this report “a Swedish investment firm, and the Government Investment Corporation of Singapore (GIC) are in the process of hiring investment banks to solicit offers for Springer Science and Business Media… People close to the situation say that the company, which made about £250m of profit in 2011, is likely to be valued at £2.5bn or more when a sale process begins next year.”
Goodreader.com reports on Bilbary founder Tim Coates’ address at the Frankfurt Book Fair noting “the current disappointing chasm between publishers and libraries.” Coates said “ebook technology offers wonderful opportunities and the removal of books from libraries is the opposite of what should be happening. This is not the moment to be restricting their use in libraries.” He went on to insist that “libraries and publishers must dismantle the walls between them and work together to line the real and virtual shelves with a rich collection of both print and ebooks.”
Science agencies across the U.S. federal government announced today the launch of the Spanish version of Science.gov, http://ciencia.science.gov. Ciencia.Science.gov provides the same breadth and depth in science search as does Science.gov, covering over 200 million pages of authoritative U.S. government science information including research and development results from 17 organizations within 13 federal science agencies. Free access is provided to over 55 scientific databases and more than 2,100 selected scientific web sites. Integrating Microsoft’s Translator, Spanish-language queries to Ciencia.Science.gov initiate searches of U.S. databases and web sites with results appearing in Spanish. This represents an innovative use of existing commercial technology to broaden public access to federal science information…”
According to GalleyCat, “Leon D. Black, a well-known money manager has acquired art book publisher Phaidon Press Limited from Richard Schlagman in a deal whose terms were not disclosed. “We have greatly admired Phaidon and the important contribution the Company has made to art and culture,” explained Black in a statement…. My family and I look forward to supporting the future growth of the Company, including through the ongoing development of its publishing program, further geographic expansion, and the launch of digital products…”
“Ex Libris® Group… and the Orbis Cascade Alliance, a consortium of 37 North American academic institutions…, are pleased to announce that the Alliance will implement the Ex Libris Alma unified resource management solution and Primo® discovery solution…”
The Association of American University Presses (AAUP), an organization that represents the nation’s university presses, launched an essay series today called “Books that Matter.” Leading up to AAUP’s 75th anniversary, Books that Matter showcases the invaluable contributions that university presses have made to society, helping to shape our modern world.
“The titles featured in Books that Matter celebrate the ongoing relevance of ideas to the lives of real people, and underscore the continuing vitality of the university presses that have bravely brought these great books into being,” says Peter Dougherty, Director of Princeton University Press.
From documentary editions that became foundations of further research, to local ecological guides, AAUP members publish thousands of books, journals, and other collections that contribute to scholarship and an informed society. But in every publisher or editor’s career, there are books that stand out the most for their impact on politics or the economy, justice and social equality, our understanding of history and culture, or our knowledge of regional and national issues-a book that changes a community or a discipline.