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Last updated on April 17, 2014 at 7:54 EDT

Elsevier Acquires Mendeley, an Innovative, Cloud-based Research Management and Social Collaboration Platform

April 9, 2013

LONDON, April 9, 2013 /PRNewswire/ –

Mendeley users to benefit from seamless access to Elsevier’s leading content
and workflow tools, while Elsevier expands researcher workflow offerings and builds

greater engagement with its users

Elsevier [http://www.elsevier.com/wps/find/homepage.cws_home ], a world-leading
provider of scientific, technical and medical information products and services, announced
today the acquisition of Mendeley [http://www.mendeley.com ], a London-based company that
operates a global research management and collaboration platform. Researchers worldwide
use Mendeley’s desktop and cloud-based tools to manage and annotate documents, create
citations and bibliographies, collaborate on research projects and network with fellow
academics.

“Mendeley is an innovative company with great culture, talent and collaborative
spirit, and we will keep it that way,” said Olivier Dumon, Managing Director of Academic
and Government Research Markets at Elsevier. “Not only that, but together we intend to
scale and evolve Mendeley in ways that benefit the entire research community. We will
provide greater access to content, data, and analytics tools to Mendeley’s users and its
flourishing third-party app ecosystem, all of which will enable us to increase both
Elsevier’s and Mendeley’s engagement with researchers.”

“Our vision is to make science more collaborative and open, and now we have the
support of the world’s largest science information provider, whose resources will enable
us to accelerate our progress towards this vision,” said Victor Henning, PhD, Co-Founder
and CEO of Mendeley. “Above all, we will remember what has made Mendeley a success:
ensuring that everything we do makes our users’ lives easier.”

Launched in late 2008, Mendeley was the brainchild of three PhD students wanting an
easier way to manage their research papers and collaborate with colleagues overseas. They
developed a desktop app that could automatically extract metadata and keywords from PDFs,
thus turning loose collections of PDFs into structured, searchable research paper
databases that were synchronized to the cloud.

From the start, they were thrilled by the idea that this crowd-sourced data would
allow Mendeley to analyse research trends across academic disciplines in real time, show
readership statistics for individual research papers, connect researchers with similar
interests and generate research paper recommendations based on collaborative filtering.

To welcome Mendeley’s individual users, Elsevier is increasing the product’s Freemium
offer. The free storage level has expanded from 1 gigabyte to 2, and the amount of storage
provided in the premium levels has expanded as well. For institutions, the Mendeley
Institutional Edition (MIE)
[http://blog.mendeley.com/design-research-tools/leading-universities-adopt-mendeley-data-to-accelerate-research-analytics-by-3-years ]
will continue to be available. MIE is a tool
that helps universities analyse research activity in real time, complementing the
traditional Impact Factor system of academic citations. It also enables librarians to
extract more value from resources by optimizing their subscriptions and providing a better
service to their researchers by tracking which journals are being read by faculty and
students.

This union extends a history of collaboration between the two companies that began in
2009. For example, Elsevier has referred users to Mendeley, invited Mendeley to build apps
on ScienceDirect [http://www.info.sciverse.com/sciencedirect/about ] using its open APIs,
and sponsored Mendeley’s Science Online London conferences on Open Science.

More information and updates on this news can be found on Elsevier Connect
[http://elsevierconnect.com/elsevier-welcomes-mendeley ], Elsevier’s online community, and
on the Mendeley blog [http://blog.mendeley.com ].

About Mendeley

Mendeley [http://www.mendeley.com ] is a global research collaboration platform and
academic database with offices in London and New York. Mendeley’s desktop, mobile and web
applications help people organize, share, and discover new research. Since its launch in
2009, Mendeley has been adopted by leading academic institutions in 180 countries and
built a global research network and Big Data platform for science. The Mendeley API
[http://dev.mendeley.com ] powers more than 300 exciting new third-party applications that
are making science more social and open, facilitating important interactions and advancing
discoveries across all disciplines.

About Elsevier

Elsevier is a world-leading provider of scientific, technical and medical information
products and services. The company works in partnership with the global science and health
communities to publish more than 2,000 journals, including The Lancet
[http://www.thelancet.com ] and Cell [http://www.cell.com ], and close to 20,000 book
titles, including major reference works from Mosby and Saunders. Elsevier’s online
solutions include ScienceDirect [http://www.sciencedirect.com ], Scopus
[http://www.scopus.com ], Reaxys [http://www.reaxys.com ], ClinicalKey
[https://www.clinicalkey.com ] and Mosby’s Suite [http://www.confidenceconnected.com ],
which enhance the productivity of science and health professionals, and the SciVal suite
[http://www.scival.com ] and MEDai’s Pinpoint Review [http://www.medai.com ], which help
research and health care institutions deliver better outcomes more cost-effectively.

A global business headquartered in Amsterdam, Elsevier [http://www.elsevier.com ]
employs 7,000 people worldwide. The company is part of Reed Elsevier Group plc, a world
leading provider of professional information solutions. The group employs more than 30,000
people, including more than 15,000 in North America. Reed Elsevier Group plc is owned
equally by two parent companies, Reed Elsevier PLC and Reed Elsevier NV. Their shares are
traded on the London, Amsterdam and New York Stock Exchanges using the following ticker
symbols: London: REL; Amsterdam: REN; New York: RUK and ENL.

        Media contact
        Tom Reller, Elsevier
        T.Reller@elsevier.com
        (US) +1-215-239-3508

        Alice Bonasio, Mendeley
        alice.bonasio@mendeley.com
        (UK) +44(0)77-349-97628

SOURCE Elsevier


Source: PR Newswire