Wolters Kluwer Health has acquired Mumbai based Medknow Publications And Media Private Limited, open access Scientific, Technical & Medical journal publisher.
The acquisition expands Wolters Kluwer Health's Medical Research business' presence in key developing markets and supports its strategy to increase locally written content and incorporate more open access platforms into its business model.
Headquartered in Philadelphia, Wolters Kluwer Health provides information and business intelligence to students, professionals and institutions in medicine, nursing, allied health and pharmacy. It employs around 19,000 people worldwide, and maintains operations in over 40 countries.
Its major brands include traditional publishers of medical and drug reference tools and textbooks, such as Lippincott Williams & Wilkins and Facts & Comparisons; and electronic information providers, such as Ovid, UpToDate, Medi-Span, Pharmacy OneSource and ProVation Medical.
Founded in 1977, Medknow is a publisher for peer-reviewed, online/print plus online journals in the area of STM. It has a portfolio of more than 155 journals and has presence in India, Asia Pacific and MEA Region. In addition to its print and electronic journal content, the company provides an electronic peer-review system for authors and editors, ensuring high quality clinical research.
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
| 07/12/11 |
Medknow Publications - Wolters Kluwer Health |
M&A |
Wolters Kluwer Health |
- |
| Date | Type | Buyer | Target | Size ($mn) | State |
| 09/05/12 |
Venture Capital |
Neeraj Goenka |
Talentube Entertainment Private Limited |
12.00 |
Completed |
| 09/05/12 |
M&A |
Jyoti Agarwal |
DB Corp Limited |
32.66 |
Announced |
| 27/04/12 |
Private Equity |
The Chernin Group |
Endemol India Private Limited |
- |
Completed |
| 27/04/12 |
Private Equity |
The Chernin Group |
OML Entertainment Private Limited (Only Much Louder) |
- |
Completed |
Company |
| Name | Promoters | Office | Competitor | Website |
| Medknow Publications And Media Private Limited |
Devkumar Ramdayal Sahu |
B-9, Kanara Business Center, Off Link Rd, Ghatkopar (E) |
|
www.medknow.com |
