|Weekly News Digest
May 21, 2007 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
CLICK HERE to view more Weekly News Digest items.
Informa to Acquire Datamonitor
The boards of Informa, PLC (www.informa.com) and Datamonitor, PLC (www.datamonitor.com) have agreed to a recommended offer to acquire Datamonitor for about £502 million (about $994 million), a multiple of 7.3 times 2006 revenues of £70.4 million. Datamonitor is a global provider of market intelligence through online data, analysis, and forecasting platforms. Through its research-based proprietary databases and expertise, Datamonitor provides clients with objective data, analysis, and in-depth forecasts for six industry sectors: Automotive, Consumer (including Retail), Energy, Financial Services, Healthcare, and Technology/Telecoms. Informa, PLC is a global information provider for the academic, professional, and commercial markets.
Informa said that acquiring Datamonitor is consistent with Informa’s strategy of providing high-value, specialist content through a variety of delivery formats to identified communities of business interest globally. The companies see the following advantages to the deal:
Source: Informa, PLC
- Highly complementary business models
- Scalable technology platforms
- Significant cross-over revenue opportunities with Informa through sales, marketing, and product-development synergies
- Further resilience and visibility in Informa’s revenue mix across each of its three divisions, through Datamonitor’s high-renewing subscription models
- Enhanced growth prospects and margins for Informa
- Expected annualized cost savings of £3 million
Vivísimo Introduces Mobile Search Solution
Vivísimo, Inc. (www.vivisimo.com), a provider of enterprise search software and expertise, announced a mobile solution for workers to access and search corporate intranets, email, data sources, and other internal applications from mobile devices. Vivísimo Velocity for Mobile is now available as an extension to the Velocity enterprise search platform, an end-to-end solution that allows searching on desktop, internal repositories, and external content from a single search box.
Velocity for Mobile optimizes search results for mobile environments, providing detailed snippets, automatic topic creation, and data call outs for quick referencing. These mirror the key end-user features of Velocity for enterprise search. Users are presented with relevant results and effective navigation to find information needed while on the go.
Velocity for Mobile is a downloadable application that functions in Windows Mobile OS environments and connects to the Velocity enterprise search platform. Administrators can download templates to customize the interface for deployment. Other features include the following:
Source: Vivísimo, Inc.
- Results categorized by topics with short snippets and precise titles of documents, files, or pieces of data
- Information relevancy weighted to match users’ typical workflow or line of business
- Crawling and indexing special collections such as customer data, support logs, and contract databases to call out specific information above the main result set
- Clicked results displayed as a cached version of the data to eliminate the need to download additional browsing software
ProQuest CSA Partners with LexisNexis for Genealogical Data
ProQuest CSA, part of the Cambridge Information Group (www.cambridgeinformationgroup.com), and LexisNexis (www.lexisnexis.com) are working together to add genealogical data from the LexisNexis U.S. Serial Set Digital Collection to HeritageQuest Online. The addition of Private Relief Actions and Memorials and Petitions from the Serial Set collection is designed to serve the growing genealogy and local history segment of the public library market. The two new data sets date from the Revolutionary War and complement other data sets within HeritageQuest Online.
The companies said that by incorporating the two sources from Serial Set within HeritageQuest, the value of government documents for family history research becomes much more evident and easier to search. Through a simple keyword search, researchers can access 480,000 pages of images contained within 150,000 U.S. government documents dating from 1789.
LexisNexis Serial Set is an ongoing collection of U.S. government publications compiled under the directive of Congress, capturing every aspect of American life from the early 19th century onward. It includes congressional reports and documents as well as executive agency and departmental reports ordered to be printed by Congress. HeritageQuest Online is a collection of unique material for genealogical and historical researchers, with coverage dating from the late 1700s.Source: ProQuest CSA
Send correspondence concerning the Weekly News Digest to NewsBreaks Editor