Dow Jones has acquired the database assets of The Library House Ltd., a UK-based provider of data on emerging private companies in Europe. No financial terms were disclosed for the acquisition, which was made out of administration.
Dow Jones today announced it has expanded its coverage of European venture capital data by acquiring from administration the database assets of The Library House Ltd., a Cambridge, U.K.-based provider of data on emerging private companies in Europe. Library House had been placed in administration on December 23, 2008. The acquisition furthers Dow Jones’s larger strategy to build and maintain the world’s most compelling news and business information collection to help customers make better business decisions.
“With the addition of the assets acquired from Library House, we are solidifying Dow Jones VentureSource’s status as the world’s most comprehensive and accurate research tool for monitoring developments in the venture capital industry,” said Clare Hart, executive vice president, Dow Jones, and president, Dow Jones Enterprise Media Group. “The entrepreneurial drive is as important as ever in Europe, which continues to be one of the world’s true centers of business and technology innovation. We are absolutely committed to helping our customers uncover and connect to emerging opportunities early – both in Europe and globally.”
With the acquisition of these assets, Dow Jones extends its global leadership as a provider of data and news on private, venture-backed, and private-equity backed firms. “The early-stage and pre-venture focus of Library House’s coverage provides significant additional value to Dow Jones VentureSource customers by delivering new investment information on angel-, incubator-, government-, and university-backed companies in Europe, as well as strengthening existing coverage of European clean-technology firms.” said Scott Schulman, president, Dow Jones Financial Information Services, the business group managing Dow Jones VentureSource.
These data assets will be combined with Dow Jones VentureSource (www.venturecapital.dowjones.com), which tracks venture capital investment in companies in every industry and stage of development throughout the U.S., Canada, Europe, India, Israel and Greater China. Current Library House database customers will become Dow Jones VentureSource customers and receive continuous and greatly enhanced coverage of innovative companies in Europe and around the world.
The transaction with UK-based administrators Leonard Curtis concluded on December 23, 2008.
For a demonstration of Dow Jones VentureSource, or to learn more about how Dow Jones can help you track innovative, rapidly growing firms in every industry and region, contact Guido Schenk in Europe at +49-211-138-7222 or Bill Yong in the US at +1-415-439-6635.
Dow Jones Financial Information Services’ suite of industry-specific research products, publications and events are essential to the success of professionals working in bankruptcy and debt, energy and commodities, private equity, risk and compliance, and venture capital. For more information, visit www.fis.dowjones.com.
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