Bloomsbury Publishing is Acquiring ABC-CLIO For $22.9 Million
Bloomsbury Publishing Plc, the leading independent publisher, today announces that it has completed the purchase of ABC-CLIO LLC.
ABC-CLIO is an established academic publisher of reference, nonfiction, online curriculum and professional development materials in both print and digital formats for schools, academic libraries and public libraries, primarily in the USA. Founded in 1955, ABC-CLIO is based in Santa Barbara, California. ABC-CLIO has four imprints and 32 databases, 16 school databases that provide curriculum-aligned content and lesson plans, professional development support and student activities to US schools and 16 academic scholarly research tools to academic institutions. It has more than 23,000 titles in its portfolio.
This acquisition is an excellent strategic fit; further strengthening Bloomsbury Digital Resources and significantly accelerating Bloomsbury’s academic publishing presence in North America, while growing international revenues and enabling access to new markets including the US high school and public library sectors.
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UPDATE: Bloomsbury Buys Academic Publisher ABC-CLIO for $22.9 (via City AM)
UPDATE: Bloomsbury acquires US academic publisher ABC-CLIO in £17.3m deal (via The Bookseller)
Filed under: Academic Libraries, Libraries, News, Public Libraries, Publishing
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.