Butterworth USA, Michie to join forces.CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Jan. 10, 1995--Butterworth Legal Publishers and The Michie Co., two units of Reed Elsevier Inc., today jointly announced plans to combine the two legal publishing The production of texts that report laws or discuss the Practice of Law. Originally limited to printed materials, legal publishing now encompasses electronic media as well, with most legal publications becoming available online or in CD-ROM format. companies into a new company called Michie Butterworth. The new company, with combined 1995 sales projected to exceed $100 million, will be headquartered in Charlottesville, Va., and will be part of LEXIS-NEXIS, acquired by Reed Elsevier on Dec. 2, 1994. Approximately 200 Butterworth employees will be affected by the merger, including 135 in Salem, N.H., and another 60 at Butterworth locations in Carlsbad, Calif., and Orford, N.H. Extensive programs to ease the transition process will be provided, company officials said. Graham Marshall, president of Butterworth Legal Publishers, said, ``Bringing together the two companies will allow us to draw on synergies present in our businesses and to maximize efficiencies of operation. Our customers will be able to access information from both companies in the medium of their choice -- books, CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). or online.'' David Harriman, president of The Michie Co., said, ``We are excited about the combined strength of our two companies. We will now be publishers of 30 annotated codes and extensive lines of secondary research materials in California, Texas and Florida.'' Harriman, named president of Michie Butterworth, said the new company will concentrate publishing activities in primary and secondary law and in new technology to deliver these products in formats that meet customers' needs. ``We are glad to be doing this in partnership with a company like Butterworth,'' said Harriman, who will report to Rod Everhart, president of LEXIS-NEXIS. Some Butterworth positions will be transferred to Charlottesville, where Michie is headquartered, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Reginald Ryals, vice president of Human Resources and Administration for Michie. Employees unable to be transferred will be provided career counseling and outplacement out·place·ment n. The process of facilitating a terminated employee's search for a new job by provision of professional services, such as counseling, paid for by the former employer. services, according to Judith Finkle, vice president of Human Resources for Butterworth. Butterworth began U.S. operations in 1980 as a part of the Legal Division of Reed Elsevier plc. The company has a presence in more than 30 states and has more than 500 titles in print. It is best known for its regional and state specific loose-leaf practice manuals and primary law sources and is the official code publisher in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , Vermont, Alaska, Puerto Rico and the Virgin Islands. Law publishers since 1855, The Michie Co. has been a part of LEXIS-NEXIS since 1988. It publishes annotated state codes for 24 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , more than 300 titles covering national, state and law topics, Michie's Law on Disc(TM) legal research products and the LEXIS(R) MVP (Multimedia Video Processor) A high-speed DSP chip from Texas Instruments, introduced in 1994. Officially introduced as the TMS320C80, it combines RISC technology with the functionality of four DSPs on one chip. program for small law firms. LEXIS-NEXIS, headquartered in Dayton, Ohio, is a division of Reed Elsevier Inc., which is part of Reed Elsevier plc, one of the world's leading publishing and information businesses. Reed Elsevier has annual sales in excess of 2.7 billion pounds ($4.2 billion) and 25,700 employees. It is owned equally by Reed International P.L.C. (NYSE NYSE See: New York Stock Exchange :RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School) RUK Are You Kidding? ) and Elsevier NV (NYSE:ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face erythema nodosum leprosum Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical ). -0- NOTE: In the last paragraph, The word ``pounds'' replaces the symbol for transmission purposes only. CONTACT: The Michie Co., Charlottesville
Reginald Ryals, 804/972-7640
Butterworth Legal Publishers
Graham Marshall, 603/898-9664
LEXIS-NEXIS, Dayton
Judi Schultz, 513/865-7466
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion