Digital Course Materials: ProQuest Acquires SIPX
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.
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.
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.
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.