Wolters Kluwer Health Acquires Leading Open Access STM Journal Publisher (Medknow)in India
December 5, 2011
Philadelphia, PA (December 5, 2011) – Wolters Kluwer Health today announced that it has acquired Medknow PVT Ltd., a leading Scientific, Technical & Medical (STM) journal publishing operation headquartered in Mumbai, India and one of the largest open access publishers in the world. The acquisition expands Wolters Kluwer Health’s Medical Research business’ presence in key developing markets and supports its strategy to increase locally written content and incorporate more open access platforms into its business model. Terms of the deal were not disclosed.