UPDATE May 1: At the bottom of this post we’ve added a link to a statement from EBSCO saying they plan to remain available to OASIS users.
Today’s acquisition news from ProQuest comes about 10 weeks after the EBSCO’s acquisition of YBP Library Services on February 20, 2015.
ProQuest has signed an agreement to acquire Coutts Information Services from Ingram Content Group, adding Coutts’ renowned expertise in collection development, broad catalog of print and digital titles, and platforms MyiLibrary and OASIS.
The acquisition will not impact ProQuest’s support of strategic partnerships or ebook initiatives already in place. The company is committed to keeping the Coutts and ProQuest networks as open as possible, supporting the many platforms and partners that give librarians choices in how they acquire and manage content. The debut of ProQuest’s powerful new Ebook Central continues on schedule for mid-2015.
Coutts staff members in La Vergne (TN), Ringwood (UK), Nijhoff, (Netherlands) along with sales and collections associates located remotely will be invited to join the ProQuest team, led by Kevin Sayar, ProQuest senior vice-president and general manager, Books. ProQuest will also take ownership of the Ringwood and Nijhoff facilities.
Read the Complete Announcement
Coutts was founded in 1969 and was acquired by Ingram in 2006.
ProQuest CEO Kurt Sanford shares his thoughts about the acquisition in this blog post.
According to the Coutts web site the company provides services to “5,000 libraries and other professional organizations in over 150 countries.”
Coutts and EBSCO
It was less than a year ago (June 2015) when Ingram/Coutts Announced an “enhanced integration” of patron-driven acquisition tools on the OASIS platform with EBSCO.