|Weekly News Digest
July 28, 2003 — 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.
CLICK HERE to view more Weekly News Digest items.
MarketWatch.com to Acquire Pinnacor
MarketWatch.com announced it will acquire Pinnacor, formerly known as ScreamingMedia, in a deal worth approximately $103.2 million. MarketWatch.com said the deal would expand its presence as a provider of premium-branded news, tools, and charting capabilities. The acquisition is subject to customary closing conditions, including regulatory approval and the approval of the two companies' stockholders. Under the terms of the agreement, a new company will be formed to combine the businesses of MarketWatch.com and Pinnacor. The transaction is expected to be completed during the fourth quarter of 2003.
MarketWatch.com will incorporate Pinnacor's broad set of financial applications and extensive customization capabilities. Pinnacor's solutions encompass market data and investment-analysis tools for financial services firms, as well as business information, portal solutions, and messaging services for enterprise clients and wireless carriers. At closing, it is expected that Pinnacor will bring several hundred new customers to MarketWatch.com.
MarketWatch.com, Inc., founded in 1997, operates two Web sites, CBS MarketWatch and BigCharts. The company produces the syndicated CBS MarketWatch Weekend TV program, airs financial reports over The CBS Television Network, and provides updates every 30 minutes on the MarketWatch.com Radio Network. MarketWatch.com licenses market news, investment analysis tools, and charting applications to financial services firms and media companies. The company also offers subscription products for individual investors, including the Hulbert Financial Digest.
MuseGlobal Announces Two New Partners
MuseGlobal announced that two library automation companies have chosen to include its federated search technology, MuseSearch, in their products. Mandarin is developing M3 Web OPAC Deluxe, a portal product that will complement the Mandarin M3 Library Automation software suite. M3 Web OPAC Deluxe will be built on top of the recently redesigned M3 Web OPAC (formerly Web Gateway) and will integrate the functionality of the M3 Web OPAC with the global search capabilities of Muse technology. Patrons will be able to conduct a search from a single search interface, simultaneously returning results not only from the local library's collection, but also from the library's subscription databases and Internet search engines.
Alexandria and MuseGlobal have teamed to offer Alexandria SearchALL powered by MuseGlobal technology. Alexandria SearchALL accesses unlimited numbers and types of information sources, which may be searched simultaneously with a single user query and are displayed in one organized results window. COMPanion Corp., headquartered in Salt Lake City, is the developer of Alexandria, a fully-integrated library automation solution.
Source: MuseGlobal, Inc.
EBSCO Introduces Reference Linking
EBSCO has announced that Reference Linking is now available in selected EBSCOhost databases. Reference Linking lets users link directly from a particular article to other articles cited in the bibliography. It also allows users to link directly from a particular article to other articles in the database that cite the original article. Users can also directly search references for specific information such as author, year, source, title, or all. Launching this type of search for a particular author, for example, retrieves all references in the database associated with that author.
Reference Linking has been implemented for more than 1,150 peer-reviewed journals in Business Source Premier, more than 1,000 peer-reviewed journals in Academic Search Premier, and is also available in PsycINFO via EBSCOhost. This functionality will appear as appropriate in other selected EBSCOhost databases in the coming months.
Send correspondence concerning the Weekly News Digest to NewsBreaks Editor