ProQuest, an information company central to global research, has signed a definitive agreement to acquire Ebook Library (EBL), which will expand its ebook delivery and aggregation capabilities with libraries worldwide. The acquisition will enable users to discover content across multiple formats including books, journals, dissertations, newspapers, and video. ProQuest acquired ebook pioneer ebrary in January 2011 and plans to combine the strongest features of ebrary and EBL into a single, comprehensive ebook platform once finalized.
Founded in 2004 by Ebooks Corporation, EBL offered a wide range of new services in the library market, including the patented Non-Linear Lending (NLL) model, demand-driven acquisitions, short-term loans, and chapter-level purchases for reserve circulation, and coursepacks. EBL offers more than 300,000 ebooks from more than 500 publishers to libraries around the world.
Kari Paulson, EBL's President, will join ProQuest to manage the combined ebook business unit and lead the effort to merge EBL and ebrary into one optimized platform.
(www.eblib.com, www.ebooks.com, www.ebookservices.com, www.proquest.com)