Wolters Kluwer to Buy UpToDate
This just popped up on my feed reader, "Wolters Kluwer Health Reaches Agreement to Acquire UpToDate." According the bulletin, Wolters Kluwer Health has reached an agreement to buy UpToDate. The terms of the acquisition were not disclosed, but the bulletin reported UpToDate will be a part of Wolters Kluwar Health "creating opportunities not previously available." According to yesterday's Wall Street Journal, "Wolters Kluwer plans to expand the UpToDate service to cover neurology, immunology and other medical fields."
The transaction is expected to be completed in the fourth quarter of 2008 pending regulatory approval.
Labels: Databases
posted by The Krafty Librarian @ 8:47 AM
1 comments
1 Comments:
Fascinating development! So many of us have had problems with UTD, not its content but dealing with purchase, renewal, etc. Their statistics are a joke. Maybe all this can be straightened out. Now the possibilities of Ovid incorporating links to their content into UTD are intriguing. Clever move on Wolters Kluwer part. BUT, yet more consolidation of sources means less competition and (Economics 101)thus customers are more at the mercy of providers. Sigh!
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