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John Wiley & Sons Inc.

01/15/2013 | Press release

Wiley Acquires Assets of FIZ Chemie Berlin

distributed by noodls on 01/15/2013 09:54

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January 15, 2013

Wiley Acquires Assets of FIZ Chemie Berlin

Hoboken, N.J.

Extended and integrated portfolio will support development of new services for chemists

John Wiley & Sons, Inc., announced today that it has acquired the assets of the FIZ Chemie Berlin, a leading provider of online database products for organic and industrial chemists. The acquisition aligns with the company's long-term strategy to support research, learning, and professional practice through high quality content and services. Wiley is expanding its presence in Berlin with the new venture providing roles for more than 30 skilled information professionals.

"This is an outcome that represents the best combination of public investment and private enterprise, given Wiley's deep roots in chemistry publishing and its high-profile German and international chemistry society partnerships," said Christian Köhler-Ma, Leonhardt Rechtsanwälte, Berlin, who managed the sale of the assets.

"The FIZ suite of databases and services are a great addition to Wiley's deep reservoir of chemical databases, journals, books and references. The FIZ products and services will enable Wiley to build a new generation of information products to help boost the productivity of chemists," said Steve Miron, Senior Vice President, Scientific, Technical, Medical and Scholarly, Wiley.

The products include the ChemInform weekly abstracting service and reaction database (CIRX), as well as the abstracting journal Chemisches Zentralblatt, the InfoTherm database of thermophysical properties, and eLearning tools and services.

Dr. Jon Walmsley, Managing Director, Physical Sciences and Engineering, said, "The acquisition will position Wiley's premier Chemistry publishing program and its society partners for future growth. This portfolio, which includes such eminent society journals as Angewandte Chemie (GDCh) and European Journal of Organic Chemistry (ChemPubSocEurope), as well as book and reference brands like Ullmann's Encyclopedia of Industrial Chemistry and Larock's Comprehensive Organic Transformations will provide a powerhouse of brands with which to leverage the capabilities of the new operation. In addition we will make significant investments in the sales and marketing of the products."

About Wiley:
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley and its acquired companies have published the works of more than 450 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry, and Peace.

Wiley is a global provider of content and content-enabled workflow solutions in areas of scientific, technical, medical, and scholarly research; professional development; and education. Our core businesses produce scientific, technical, medical, and scholarly journals, reference works, books, database services, and advertising; professional books, subscription products, certification and training services and online applications; and education content and services including integrated online teaching and learning resources for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia. The Company's Web site can be accessed at http://www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.

About Wiley-VCH:
Wiley-VCH is a publishing center of excellence and branded imprint of John Wiley & Sons, Inc.'s scientific and technical publishing business. Founded in 1921 by German chemical societies and associations, Wiley-VCH is one of the leading science publishers in Germany. Wiley-VCH works in close co-operation with both the German Chemical Society (GDCH) and a continuously growing number of national and international scientific societies and associations, including ChemPubSocEurope (currently comprising 16 European chemical societies), ACES (its counterpart in Asia), the German Physical Society DPG, the German Research Foundation DFG, EMBO, and many more. Wiley-VCH, which has been part of John Wiley & Sons, Inc. since 1996, publishes English- and German-language scientific and technical books, journals, and data collections in print and online, featuring leading authors and researchers in chemistry, physics and materials science from all over the world. For more information, please visit www.wiley-vch.de or our online platform, Wiley Online Library (wileyonlinelibrary.com), one of the world's most extensive multidisciplinary collections of online resources, covering life, health, social and physical sciences, and humanities.

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