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Information Today
February 2003
Paula J. Hane |
Divine Debacle Rocks Industry RoweCom, a library subscription agency and subsidiary of divine, Inc., has suffered financial collapse. The orders for subscriptions and payments that libraries placed with RoweCom throughout the fall were not passed along to the publishers, leaving both libraries and publishers in limbo.   |
Information Today
February 3, 2003
Paula J. Hane |
RoweCom Files for Bankruptcy, Then Sues divine for Fraud In a bizarre twist to the continuing saga of the disappearing subscription money, RoweCom, the beleaguered subsidiary of divine, inc., filed for bankruptcy on Monday Jan. 27, then sued its parent company for allegedly looting the company. |
Information Today
January 27, 2003
Paula J. Hane |
EBSCO Steps into the RoweCom Deal After Swets Blackwell Backs Out Creditors of divine's RoweCom business have been on pins and needles for weeks waiting for a resolution to the subscription fund fiasco. |
Information Today
March 10, 2003
Barbara Quint |
EBSCO's Takeover of RoweCom Continues Though its bankrupt parent divine reportedly now faces the possibility of criminal charges stemming from a federal grand jury investigation, RoweCom continues to move toward an acquisition by EBSCO. |
Information Today
December 20, 2002
Quint & Hane |
divine Library Services Financial Collapse Traps Library Subscription Budgets One of the nation's largest subscription agents, divine Library Services, has apparently suffered financial failure. The Massachusetts-based subsidiary of divine, Inc. is also referred to by many as RoweCom or Faxon, its former names. |
Information Today
February 10, 2003
Paula J. Hane |
EBSCO Signs Definitive Agreements for RoweCom's European Business EBSCO Industries, Inc. has now signed definitive agreements to acquire the European operations (France, Spain, and the U.K.) of RoweCom/divine Information Services. |
Information Today
February 27, 2003
Paula J. Hane |
divine Seeks Bankruptcy Protection Chicago-based divine, inc. has crumpled, following its two-year run as a tech start-up, aggressively acquiring companies. So, what does this mean for the proposed EBSCO acquisition of divine's RoweCom being negotiated through the bankruptcy court? |
Searcher
September 2003
Carol Ebbinghouse |
Protecting Yourself Against "Rogue" Vendors: Beyond "Divine" Guidance Here's a scary thought. Is divine's RoweCom/Faxon the only loose link in the vendor chain? Does dealing with any other companies put your operation at a similar risk? |
Information Today
January 28, 2002
Paula J. Hane |
divine Acquires Northern Light, Announces Premium Content Agreement with Yahoo! Just 2 weeks after Northern Light announced it was refining its business focus and discontinuing free Web searching at northernlight.com, it has been acquired by Chicago-based divine, Inc., a provider of integrated solutions to the enterprise market. |
Information Today
May 2003
Paula J. Hane |
News on Web Resources, divine/RoweCom, More The war in Iraq and the health crisis spawned by the SARS virus dominated the news over the last month or so. Information industry news seemed a bit subdued in comparison, yet there were still a number of important developments. |
Information Today
March 2002
Paula J. Hane |
divine Acquires Northern Light The company adds key search technology and content to its extended enterprise solutions... |
Information Today
September 30, 2014
George H. Pike |
Swets Declared Bankrupt; Expected to Sell Business in Parts Netherlands-based content management company Swets Information Services has been declared bankrupt by a Dutch court and is expected to be sold to pay off its debts. |
Information Today
June 2003 |
News Break: The Latest on Google, Market Research, and More Like it or not, news about Google is dominating both the technology and mainstream media... Because of the privacy issues it raises, the USA PATRIOT Act continues to rile librarians and civil libertarians... etc. |
Entrepreneur
January 2004
Jane Easter Bahls |
Against Your Will Is your business drowning in debt? If so, you should know about a legal maneuver creditors can use to force your business into bankruptcy. |
Information Today
March 2003
Paula J. Hane |
NewsBreaks Update New developments in content licensing, open-access publishing, and more |
Information Today
September 27, 2004
Rebecca Lenzini |
Swets Financial Crisis Eased by New Capital Swets was bailed by the capital injection of 45 million Euros (about $55.2 million U.S.) from shares placed privately with existing shareholders, primarily two venture capital groups---NPM Capital and Cobepa. |
Information Today
April 2003 |
The Latest on Companies, Search Engines, and Products Once again, the past month's news has been dominated by developments in the RoweCom/divine situation... A series of recent acquisitions reveals the pressures and mounting rivalries in the Web search arena... D&B, Hoover's Update... etc. |
Information Today
March 2007
Phillip Britt |
The New Face of Swets Is a subscription agent still needed in the electronic publishing marketplace? |
Information Today
December 2000 |
Swets Blackwell Acquires Munksgaard Direct Swets Blackwell and Munksgaard have announced the signing of an agreement stating that Swets Blackwell has acquired Munksgaard Direct, the book and subscription service division of the Munksgaard Group... |
Information Today
January 2004
Paula Hane |
The Latest Developments in Open Access, E-Books, and More Because of Online Information, it was a busy several weeks for news, despite the lull during the Thanksgiving holiday in the U.S. |
Information Today
August 26, 2002
Barbara Quint |
divine Launches Virtual Reference Desk Software A new player has entered the burgeoning field of virtual reference support. divine, Inc., a relative newcomer to the information industry, has announced that it will start marketing Virtual Reference Desk software built around NetAgent, its customer interaction management software. |
Information Today
August 2003 |
News Break: What's New in Enterprise Search, Insider Trading, and More FAST Buys AltaVista Enterprise Search... AskJeeves Sells Enterprise Search... Future Developments in Search... Faster Access to Insider Trading Filings... New KM Solutions... Library Alliance Fights BertelsmannSpringer Sale... etc. |
Information Today
July 29, 2002
Paula J. Hane |
divine Launches Integrated Search and Classification Solution divine, Inc., a company that offers information solutions for the "extended enterprise," has announced a new integrated search and classification solution that promises better search results for users and fast implementation for the enterprise. |
Information Today
June 2, 2003
Paula J. Hane |
Seuss Hopes Northern Light will Rise and Shine Just 16 months after selling Northern Light Technologies (NL) to Divine, Inc. (in a stock deal said to be worth between $12 and $16 million), NL's former CEO, David Seuss, purchased the company back for just $81,000 at Divine's 26-hour marathon bankruptcy auction. |
Information Today
April 2004
Paula Hane |
EBSCO Celebrates Its 60th Anniversary If you haven't noticed, EBSCO is no longer just a journal-subscription company. |
Information Today
June 3, 2002
Richard Poynder |
Blackwell Publishing in Dynasty-style Dispute Blackwell Publishing is engulfed in a family feud fit for a Dynasty plot. |
Searcher
March 2003
Barbara Quint |
Our Friend, the Taxman Wicked describes the situation facing many library directors these days as the national economy continues to limp. State and local government officials face severe revenue shortfalls and libraries are getting hit hard. |
Inc.
June 2004
Adam Hanft |
Grist: Why Bankruptcy is Bad for Business What happens if a small business needs to seek bankruptcy protection? The current laws counterintuitively favor large bankruptcies. It's time to address this lopsided situation |
Entrepreneur
September 2001
Chris Sandlund |
Born Again Good businesses don't have to die just because they've gone hopelessly, out-of-control in debt. There is a place they can turn for redemption: the bankruptcy laws. |
ONLINE
Mar/Apr 2003 |
Industry News No Divine Presence in Library Subscription Renewals... D&B May Not Clean Up with Hoover's... COUNTER Code of Practice... Dialog on World Chambers Network... Social Sciences & Humanities... Sci-Tech... etc. |
