Confirmed: Elsevier Has Bought Mendeley For $69M-$100M To Expand Its Open, Social Education Data Efforts

Educational publisher Elsevier is diving further into the world of open and social educational data: it has bought Mendeley, the London/New York-based provider of a platform for academics and organizations to share research and collaborate with others via a social network. The terms of the deal have not been publicly disclosed but we understand it is for a sum between $69 million and $100 million. We first broke the news of this deal when it was still being negotiated, in January.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/BEuZYHUZ9ZA/

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