R.R. Bowker completes acquisition of PubNet.R.R. Bowker (New Providence, NJ), a division of Reed Business Information Reed Business Information is a large business publisher in the United States, United Kingdom, continental Europe, Australia and Asia. It is a division of Reed Elsevier. In 2005, Reed Business Information started the Quill Awards, a literary award broadcast on NBC. and a publisher of bibliographic information, has agreed to acquire PubNet (Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , NC), an electronic commerce service that allows booksellers to order titles directly from publishers. No terms were given. Bowker, which has owned 25% of PubNet since its public launch in 1997, acquired the remaining 75% in equal amounts from the Association of American Publishers (body, publication) Association of American Publishers - (AAP) A group engaged in standardisation efforts in document preparation. (AAP AAP - Association of American Publishers ; Washington, D.C.), the American Booksellers Association (ABA; Tarrytown, NY) and the National Association of College Stores (NACS NACS National Association of Convenience Stores NACS National Association of College Stores NACS North American Catalan Society NACS North American Catalysis Society NACS Network Access Control System NACS National Advisory Committee On Semiconductors ; Oberlin, OH). PubNet will be operated as a stand-alone business unit of Bowker. PubNet was created by in 1987 by AAP to provide college bookstores with a method of ordering books electronically. The service was extended to general bookstores in 1989 and library distributors and jobbers in 1991. In 1996, the service adopted an open network policy. More than 3000 bookstores, libraries, wholesalers and schools, in addition to over 90 publishers, use the service. |
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