WOLTERS KLUWER AGREES TO ACQUIRE SPRINGHOUSE CORP.Wolters Kluwer Wolters Kluwer N.V. (Euronext: WKL) is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. (Amsterdam) has reached an agreement to acquire nursing and health science publisher Springhouse spring·house n. A small storehouse constructed over a spring and used to keep food cool. Corp. (Springhouse, PA) from Reed Elsevier (London). No terms of the deal were given. Springhouse publishes information and continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). materials for the nursing profession, including such magazines as Nursing 2000, Nurse Practitioner nurse practitioner n. Abbr. NP A registered nurse with special training for providing primary health care, including many tasks customarily performed by a physician. , Nursing Management, Dimensions of Critical Care Nursing and Physician Assistant. The company also produces annual directories, including "CareerDirectory," "HealthCare Recruitment Guide" and "APN APN abbr. advanced practice nurse SourceBook," as well as reference books, textbooks, licensing exam reviews and software, anatomical charts and a number of national conferences, including the "Nursing Management Congress." The company also operates "SpringNet," a Web site that provides segmented online communities for nurses and students. Springhouse, which will become a part of WK's International Health & Science (WKIHS; Philadelphia, PA) division, has 250 employees with 1999 revenue of about $59 million. WKIHS ceo Herman Pabbruwe said the deal "supports our strategy of expanding our role in health and clinical publishing." Springhouse, at the time a private company, was acquired by Reed Elsevier precursor Elsevier Business Press (Randolph, NJ) in 1988. |
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