Gale Acquires HighBeam Research, Inc.
Leading online research and reference business strengthens
Gale's ability to connect with end-users
Farmington Hills, Mich. (Vocus/PRWEB ) December 15, 2008 -- Gale, part of Cengage Learning, has acquired HighBeam Research, Inc., producer of the award-winning HighBeam Research Library and the online reference site Encyclopedia.com. With its mission of helping people find, organize, and share authoritative information via the Web, HighBeam offers a broad collection of editorially selected information that supports learning and inquiry. Its growing base of content, which includes newspaper archives, journal articles, magazines, reference works and more, provides a powerful resource for individuals, students, and business professionals. The HighBeam Research Library has garnered numerous awards, including a prestigious CODiE for "Best Online Reference Service."
"HighBeam is highly regarded for bringing users credible, high-quality information on the open Web," said Patrick C. Sommers, President, Gale. "As a partner and content provider, Gale has worked closely with HighBeam for many years. We've been impressed with their reach, extensive knowledge of users, and their ability to introduce new consumers to authoritative information.
"The acquisition of HighBeam is a natural extension of our user-focused strategy. Gale has had a presence on the open Web for many years now, particularly with AccessMyLibrary, which brings users from search engines into a library environment to explore their vast content riches. Now, with the added expertise of HighBeam, Gale will have a greater opportunity to learn more about user behavior and research trends, and will use that information to further develop and enhance the user experience for all our products" said Sommers.
Patrick Spain, HighBeam founder, said, "This transaction will benefit HighBeam's customers, business partners and employees by bringing substantially more scale to the HighBeam business. Gale's financial strength, vast content repositories and market presence will allow HighBeam to expand more rapidly and broadly, while HighBeam's employees will benefit from being part of a large, sophisticated global organization. The HighBeam team is excited about becoming part of the Gale family."
HighBeam operations will remain in Chicago. Customer service and technical support contacts will remain unchanged for customers. More information is available at www.highbeam.com.
Financial terms of the acquisition were not disclosed.
About Cengage Learning and Gale
Cengage Learning delivers highly customized learning solutions for colleges, universities, professors, students, libraries, government agencies, corporations and professionals around the world. Gale, part of Cengage Learning, serves the world's information and education needs through its vast and dynamic content pools, which are used by students and consumers in their libraries, schools and on the Internet. It is best known for the accuracy, breadth and convenience of its data, addressing all types of information needs - from homework help to health questions to business profiles - in a variety of formats. For more information, visit www.cengage.com or www.gale.com.
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