Thomson Reuters acquires Discovery Logic
Thomson Reuters has acquired Discovery Logic, a provider of customisable analytics and decision support solutions for scientific research. The company is now part of the Healthcare & Science business of Thomson Reuters. Financial terms of the transaction were not disclosed.
The acquisition of Discovery Logic will enhance current research analytics offerings and provide increased decision support and workflow solutions to academic, government, non-profit and commercial professionals. Key assets and benefits which Discovery Logic will bring to Healthcare & Science's Scientific and Scholarly Research group include: ScienceWire, a customisable and proprietary software and database platform, and complementary capabilities in analytics, data management- and value-added services.
'Combining Discovery Logic software, analytics and data mining capabilities with Thomson Reuters' global resources will result in extraordinary workflow solutions and services to help our customers improve their outcomes,' said Mike Boswood, president and CEO of the Healthcare & Science business of Thomson Reuters. 'It is clear that Discovery Logic's ScienceWire and analytic service will serve as the foundation for a new technical paradigm that will propel our business forward in the future.'
'Both Discovery Logic and Thomson Reuters specialise in transforming information into knowledge,' said Mike Pollard, who will continue with the business as vice president and general manager of Discovery Logic after the acquisition. 'Together, our companies create an unmatched resource for global professionals needing to make crucial decisions on projects, people and research collaboration opportunities.'