ProQuest (through its affiliate Bowker) has acquired Palo Alto-based SIPX, creator of a digital course materials solution that addresses a variety of copyright and costs concerns for universities.
SIPX eliminates duplicate spending on course packs (collections of assigned readings) by connecting students to materials already purchased and available to them through their university library.
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Developed from Stanford University research, SIPX became an independent business in 2012. [SIPX originally stood for Stanford Intellectual Property Exchange].
[Educators, librarians and support staff use] SIPX to set up course readings and immediately benefit from the system’s automatic check for works that are available at no cost to students via library subscriptions or open sources. By leveraging SIPX to eliminate redundant spending and reduce materials costs, students have experienced an average of 20 to 35 percent in savings to date.
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Effective immediately, Ms. [Franny] Lee [Co-Founder of SIPX] will lead SIPX, reporting to Ben Lewis, ProQuest’s Senior Vice President for Strategy & Business Development.
Read the Complete Announcement (Includes Comments from Franny Lee and Kurt Sanford, CEO of ProQuest).
See Also: List of Some SIPX Customers
About Gary Price
