Clarivate to Acquire ProQuest
Clarivate acquiring ProQuest, valued at $5.3 billion, is the largest transaction in recent memory in the scholarly information sector. Both companies are intermediaries — they each work extensively with publishers and libraries — and each has extensive interests in discovery, a lynchpin service in the research ecosystem. Will this transaction result in dramatically strengthened products and improved services for researchers, as its proponents foresee? Or will it result in information enclosure, lock-in, service deterioration, and price increases, as detractors forewarn?