From a Joint News Release:
Global research and education leader Wiley today announced the acquisition of Knowledge Unlatched, an innovator in online open access solutions.
The open access movement promises to make more research broadly available to democratize information and to accelerate academic discovery. As the market for open access publishing grows, libraries and publishers are increasingly challenged to manage new workflows. Knowledge Unlatched helps libraries and publishers reduce complexity through seamless online services to approve, pay, and manage their open access transactions and maximize the impact of library budgets to make more content open access.
“Wiley and Knowledge Unlatched share a commitment to making open access simple and easy for everyone,” said Jay Flynn, Wiley Executive Vice President & General Manager, Research. “By investing in the future of Knowledge Unlatched, we’re deepening our commitment to an open future.”
“Wiley’s record as a leader in open access, combined with their extensive network of partners and customers, will accelerate Knowledge Unlatched’s growth and ability to innovate,” said Sven Fund, Knowledge Unlatched Managing Director, who will continue to lead the business within Wiley’s Research organization.
With the acquisition of Knowledge Unlatched, Wiley continues to build on an acquisition strategy that advances its mission to unlock human potential. Recent acquisitions of J&J Editorial, Hindawi, Madgex and Atypon underscore the company’s commitment to deliver innovative products and services that enable discovery, power education and shape workforces.