|Weekly News Digest
January 26, 2009 — 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 ITIís Twitter account: @ITINewsBreaks.
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Autonomy to Acquire Interwoven, Inc.
Autonomy Corp., plc (www.autonomy.com), a provider of infrastructure software, and Interwoven, Inc. (www.interwoven.com), a provider of content management software, announced that they have entered into a definitive agreement under which Autonomy will acquire Interwoven. The acquisition agreement proposes that Interwoven stockholders receive $16.20 in cash for each outstanding Interwoven share, representing approximately $775 million. All directors and selected executive officers of Interwoven and Autonomy have agreed to vote in favor of the acquisition. The deal is expected to close in 2Q 2009 and is subject to the usual shareholder and regulatory approvals and other customary closing conditions.
The companies expect that a combined customer base in excess of 20,000 will provide additional scale and significant cross-selling opportunities. Combining the two companies is designed to accelerate the delivery of the next-generation, unstructured information management software.
The acquisition will strengthen Autonomy’s access to the worldwide legal and compliance industry through Interwoven’s sales force with industry expertise. The acquisition exploits Autonomy’s skills and strong track record in integrating businesses.
The companies say they expect to achieve synergies of approximately $40 million per annum over the first year from completion, from a combination of duplicative general and administrative marketing programs and other redundant costs.
Commenting on the acquisition, Mike Lynch, group CEO of Autonomy, says, "The combination of Autonomy and Interwoven, industry leaders in Meaning Based Computing and document and content management respectively, will continue the extension of Autonomy’s IDOL as a key element of the regulatory, legal and compliance industries. Our past acquisitions have clearly demonstrated how Autonomy can quickly and effectively leverage the power of IDOL into new customer bases and to address new customer needs. We are very familiar with Interwoven, its product base and management team through our partnership and joint customers over the years and see this transaction as an exciting opportunity to extend the chain of Autonomy’s solutions."
Source: Autonomy Corp., plc
ebrary Gets a New UI and Greater Functionality
ebrary (www.ebrary.com), a provider of econtent software and services, announced that it has shipped a new user interface (UI) with enhanced capabilities. Among other new features, ebrary’s UI offers chapter ranking of search results, QuickView for instant document viewing in a browser, and personalized bookshelves with folders for organizing and managing documents as well as single annotations.
ebrary’s new UI is now available with any of ebrary’s integrated products including ebooks licensed under subscription and purchase models; ASP epublishing services for distributing digitized documents online; and ISIS, the company’s stand-alone epublishing system that runs on the customers’ servers, behind their firewalls.
Christopher Warnock, CEO of ebrary, says "Based on customer feedback, and built upon a more advanced information model within ISIS, the technology that powers ebrary, the new UI provides ebrary users with new views into their information, improving navigation, discoverability, and tools to organize their personalized information."
The new UI offers a choice of viewing capabilities: ebrary QuickView enables instant document viewing in a browser, and it can be used in conjunction with the ebrary Plug-in Reader or ebrary Unity Reader. Numerous search enhancements include additional metadata fields (Dewey Decimal, LC, ISBN, publication year, document language, and more), simple search on every page, focus search by subject, a search history for the current session, and searching in multiple languages simultaneously for multiple content types. It also offers improved browsing with the All Subjects feature.
ebrary currently offers a growing selection of more than 170,000 ebooks and other titles from more than 300 leading publishers and aggregators. Founded in 1999, ebrary is privately held and is headquartered in Palo Alto, Calif.
Ex Libris Announces bX Web 2.0 Usage-Based Scholarly Recommendation Services
Ex Libris Group (www.exlibrisgroup.com) announced a new Web 2.0 recommender service. Ex Libris bX, a first-of-its-kind service, will provide library users with article-level recommendations based on collective usage data amassed from research communities around the world. Sixteen institutions have begun testing bX and are working with Ex Libris on ongoing development before the service’s public launch.
bX is the result of years of collaboration and research into advanced scholarly recommender systems conducted by leading researchers—Johan Bollen and Herbert Van de Sompel from the Los Alamos National Laboratory.
The bX service derives its recommendations from the analysis of tens of millions of transactions performed by users from research institutions worldwide and captured through a large-scale aggregation of link resolver usage logs. Based on open interoperability standards such as OpenURL and OAI-PMH, bX can be tightly integrated into a library’s existing user environment.
Oren Beit-Arie, chief strategy officer of Ex Libris Group, says, "The bX journey started with the introduction of the OpenURL framework 10 years ago, followed by the deployment of SFX, the first OpenURL link resolver, by Ex Libris in 2001. Now bX mines the wealth of information contained in the usage logs of link resolvers such as SFX to the great benefit of users and librarians alike."
Source: Ex Libris Group
Nature Publishing Group Expands Open Access Choices
Nature Publishing Group (NPG; www.nature.com) is expanding open access choices for authors in 2009, through both "green" self-archiving and "gold" (authors-pays) open access publication routes. Eleven more journals published by NPG are offering an open access option from January 2009. NPG has also expanded its Manuscript Deposition Service to include 32 further titles.
An open access option is now available to authors submitting original research to Molecular Therapy, published by NPG on behalf of the American Society of Gene Therapy, and to 10 journals owned by NPG. The journals offering this option are Cancer Gene Therapy, European Journal of Clinical Nutrition, Genes and Immunity, International Journal of Impotence Research, Journal of Exposure Science and Environmental Epidemiology, Journal of Human Hypertension, Journal of Perinatology, Molecular Psychiatry, The Pharmacogenomics Journal, and Prostate Cancer and Prostatic Diseases.
For a publication fee of £2,000 (about $3,000 U.S.; €2,400) articles will be open access on the journal website and will be identified in the online and print editions of the journal with an open access icon. The final, full-text version of the article will be deposited immediately on publication in PubMed Central (PMC), and authors will be entitled to self-archive the published version immediately on publication. Open access articles will be published under a Creative Commons license.
Editors will be blind as to whether or not authors have selected the open access option, avoiding any possibility of a conflict of interest during peer review and acceptance. Print subscription prices for these journals will not be affected. Site license prices will be adjusted in line with the amount of subscription-content published annually.
Continuing its support for the "green route" to open access on high-impact journals, NPG has extended its Manuscript Deposition Service. Forty-three journals published by NPG now offer the free service to help authors fulfill funder and institutional mandates for public access. In addition to Nature and the Nature research journals, 28 society and academic journals published by NPG now offer a Manuscript Deposition Service to authors of original research articles. A full list of participating journals is available on Nature.com at www.nature.com/authors/author_services/deposition.html.
Source: Nature Publishing Group
OCLC Launches WorldCat Mobile Pilot
OCLC (www.oclc.org) has launched a pilot program to make collections from libraries visible through mobile devices. The WorldCat Mobile pilot allows users to search for and find books and other materials available in their local libraries through a web application they can access from a PDA or a smartphone. The pilot will gather data to inform and help shape future mobile access to WorldCat.org. The pilot is now available in the U.S. and Canada and is expected to last 6 months.
The pilot is based on WorldCat.org, the world’s largest online resource for finding information in libraries. Advanced global positioning capabilities found in many smartphones and PDAs make it possible for users to find local library materials no matter where they happen to be. Users can even get a Google Maps’ view of the library’s location along with detailed driving instructions if the mobile device supports the application.
To participate in the WorldCat Mobile pilot, go to www.worldcat.org/mobile to find more information about the pilot and to find links for downloading WorldCat Mobile to the device of your choice. Using a supported mobile device, download the application at www.worldcat.org/m.
A brief demonstration of how to use the WorldCat Mobile pilot can be found at www.boopsie.com/home/worldcat.wmv.
The WorldCat Mobile pilot complements the recently released experimental WorldCat iPhone web app, built with the WorldCat Search API. The pilot also uses some data from the WorldCat Registry, a comprehensive directory for libraries and consortia and the services they provide. OCLC worked with mobile-technology provider Boopsie (www.boopsie.com) to develop this pilot.
EBSCO Publishing Acquires Reference Publisher Salem Press
EBSCO Publishing (www.ebscohost.com) has acquired Salem Press (http://salempress.com), a leading reference publisher. This is a natural extension of a longtime relationship, as Salem Press content has been a mainstay in EBSCO database offerings for many years, including various Magill products and the Masterplots series.
The deal is the result of a natural synergy that exists with book content and database subjects. Salem Press is a high-quality publisher of material in areas where EBSCOhost provides resources, including literature, history, and consumer health. As Salem Press continues to expand its reach into these and other subject areas (e.g., science), content will continue to enrich EBSCOhost databases. EBSCO will bring digitization, indexing, and platform expertise to the Salem Press content, providing the means for a larger reach with this content.
Reference materials from Salem Press are both printed and electronic. The company distributes its work to colleges, schools, and public libraries.
Source: EBSCO Publishing
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