Confirmed: Elsevier Has Bought Mendeley For $69M-$100M To Expand Its Open, Social Education Data Efforts

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http://techcrunch.com – Educational publisher Elsevier is diving deeper into the world of open and social educational data: it has bought Mendeley, the London/New York-based provider of a platform for academics and organizations to share research and collaborate with others via a social network. The terms of the deal have not been publicly disclosed but we understand it is for a sum between $69 million and $100 million. We first broke the news of this deal when it was still being negotiated, in January. The acquisition will heat up competition between Elsevier and other large publishers moving into ed-tech, among the (IT news)