ProQuest Sells Periodical Microfilm business

Jay writes “Information today, November 7th, reported that Proquest sold its periodical microfilm and coursepack businesses to newly formed company. Excerpt: ” ProQuest Company has sold three parts of its Information and Learning business to a start-up company led by former ProQuest executives. National Archive Publishing Company has acquired UMI Periodicals in Microform, XanEdu (which provides college coursepacks), and ProQuest’s microfilm and digitization service operations. The divestiture removes sluggish businesses from ProQuest’s portfolio and allows it to focus on digital publishing, K-12 curriculum products, and news-based and unique published products for higher education. ProQuest retains microform product lines in newspapers, research collections, dissertations, and books on demand.” Read the full article at: ProQuest Sells Periodical Microfilm and Coursepack Businesses to Newly Formed Company.”