ProQuest Says It Will Acquire Dialog
By Lynn Blumenstein -- Library Journal, 7/15/2008
ProQuest on June 12 announced that it has signed an agreement to acquire Dialog from Thomson Reuters. Financial terms of the transaction were not disclosed. ProQuest said that it would update Dialog’s platforms, renovate existing products, and explore new opportunities.
Founded 40 years ago, Dialog was the world’s first online retrieval system of commercial databases to be used globally. Its portfolio of products offers access to the “best of” business, engineering, finance, science, and law resources. Dialog has direct operations in 27 countries and serves people in more than 100 nations.
“Dialog is a highly respected source of information and a trusted brand for libraries, so it is an exceptionally good fit in the ProQuest family,” said ProQuest CEO Marty Kahn in a statement. “The companies’ content and market strengths complement each other and just as important is the match with our values.”
ProQuest said that Dialog would remain an important distribution channel for Thomson Reuters content, including multiple databases.
