History
Julius Springer founded Springer-Verlag in Berlin in 1842. In 1964, Springer expanded its business internationally, opening an office in New York. Offices in Tokyo, Paris, Milan, Hong Kong, and Delhi soon followed.
The academic publishing company BertelsmannSpringer was formed after Bertelsmann bought a majority stake in Springer-Verlag in 1999. The British investment groups Cinven and Candover bought BertelsmannSpringer from Bertelsmann in 2003. They merged the company in 2004 with the Dutch publisher Kluwer Academic Publishers which they bought from Wolters Kluwer in 2002, to form Springer Science+Business Media.
In 2009, Cinven and Candover sold Springer to two private equity firms, EQT Partners and Government of Singapore Investment Corporation. The closing of the sale was confirmed in February 2010 after the competition authorities in the USA and in Europe approved the transfer.
In 2011, it acquired Pharma Marketing and Publishing Services from Wolters Kluwer.
Read more about this topic: Springer Science+Business Media
Famous quotes containing the word history:
“No one is ahead of his time, it is only that the particular variety of creating his time is the one that his contemporaries who are also creating their own time refuse to accept.... For a very long time everybody refuses and then almost without a pause almost everybody accepts. In the history of the refused in the arts and literature the rapidity of the change is always startling.”
—Gertrude Stein (1874–1946)
“Those who weep for the happy periods which they encounter in history acknowledge what they want; not the alleviation but the silencing of misery.”
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“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
—John Dos Passos (1896–1970)