Knovel integrates information and data from more than 100 engineering societies and publishers and makes it searchable and interactive so that engineers can easily manipulate the data they find and use it in other engineering applications.
“Knovel’s comprehensive list of content contributors, engineering-specific search, and tools such as interactive graphs, together with Elsevier’s deep engineering content base and global market reach, will allow us to deliver an even more comprehensive and better integrated solution for engineers and engineering students,” said Alexander van Boetzelaer, managing director of Elsevier Corporate Markets. “This acquisition will give us the opportunity to provide an enhanced experience for our customers as they work to overcome engineering challenges and improve technical outcomes.”
“This is a great new chapter for Knovel,” said Chris Forbes , Knovel president and CEO. “The acquisition gives us an exciting way to expand Knovel’s technology, innovation and comprehensive content selected from the best engineering publishers and societies to more organizations across the world.”
The acquisition is effective immediately and financial terms of the transaction are not being disclosed.
Sources: Press materials received from the company and additional information gleaned from the company’s website.