Wolters Kluwer
Encyclopedia
Wolters Kluwer N.V. is a global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2010) of €3.556 billion, employs approximately 19,000 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Alphen aan den Rijn
, Netherlands
. Its shares are quoted on the Euronext Amsterdam and are included in the AEX index
and Euronext 100
index. The CEO and Chairman of the Executive Board is Nancy McKinstry.
Wolters Kluwer formed under its present name in 1987 when Kluwer Publishers merged with Wolters Samson as a defensive move (white-knight move
) against an attempted hostile takeover of Kluwer Publishers by Elsevier
. In 2003 Wolters Kluwer sold Kluwer Academic Publishers to two private equity funds who shortly after merged it with BertelsmannSpringer to form Springer Science+Business Media
. Wolters Kluwer Education, was sold to Bridgepoint Capital
for 700 million euros in March 2007, who renamed it Infinitas Learning
.
Wolters Kluwer Health & Pharma Solutions provides scientific and industry information for professionals and students in medicine, nursing, health practices, pharmacy, and the pharmaceutical industry. The division is growing and in 2008 acquired UpToDate,
an electronic clinical resource tool. The division includes Ovid Technologies
, Facts & Comparisons, ProVation Medical, Adis International and Lippincott Williams & Wilkins
. In 2011, Lexi-Comp, a leading drug information provider, was acquired for an undislosed amount.
Financial & Compliance Services:
Wolters Kluwer Financial & Compliance Services provides financial services, software tools, and workflow solutions to financial organizations and risk professionals across a wide variety of industries such as financial services, insurance, life sciences, healthcare, manufacturing, transportation, energy and government. It has audit, risk, and compliance products. Its brands include ARC Logics, AppOne, GainsKeeper, and PCi, and it acquired FRSGlobal on 23 September 2010.
Legal & Regulatory:
Wolters Kluwer Legal & Regulatory maintains a diverse set of legal professional services and publications through units including CCH (Commerce Clearing House)
, Aspen Publishers, Kluwer Law International, Croner, and Loislaw. Its subsidiary One Legal LLC is a pioneer in online service for court filings and other legal references.
Aspen Publishers provides legal education resources through AspenLaw. This business has grown through the acquisition of Emanuel Law Outlines in 2001, and Casenotes, a Santa Monica legal studies publishing house, in 2002. The legal study aids from these businesses have been integrated into a software tool called AspenLaw Studydesk (R) that is available online. CT
is another power brand of this division.
Tax & Accounting:
Wolters Kluwer Tax & Accounting provides information, research, and software tools for the global tax and accounting markets. CCH
is its primary brand. The CCH product Global Integrator was named 2011 "Top New International Tax Product" by accounting magazine Accounting Today
. Other major products include ProSystem fx Suite, CorpSystem, IntelliConnect, Accounting Research Manager and U.S. Master Tax Guide.
Alphen aan den Rijn
Alphen aan den Rijn is a town and municipality in the western Netherlands, in the province of South Holland, between Leiden and Utrecht. The town is situated on the banks of the river Oude Rijn , where the river Gouwe branches off. The municipality had a population of 72,674 in 2010, and covers an...
, Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
. Its shares are quoted on the Euronext Amsterdam and are included in the AEX index
AEX index
The AEX index, derived from Amsterdam Exchange index, is a stock market index composed of Dutch companies that trade on Euronext Amsterdam, formerly known as the Amsterdam Stock Exchange. Started in 1983, the index is composed of a maximum of 25 of the most actively traded securities on the exchange...
and Euronext 100
Euronext 100
The Euronext 100 Index is the blue chip index of the pan-European exchange, Euronext NV.It comprises the largest and most liquid stocks traded on Euronext. Each stock must trade more than 20 percent of its issued shares over the course of the rolling one year analysis period. The index is reviewed...
index. The CEO and Chairman of the Executive Board is Nancy McKinstry.
Wolters Kluwer formed under its present name in 1987 when Kluwer Publishers merged with Wolters Samson as a defensive move (white-knight move
White knight (business)
In business, a white knight, or "friendly investor," may be a corporation or a person that intends to help another firm. There are many types of white knights...
) against an attempted hostile takeover of Kluwer Publishers by Elsevier
Elsevier
Elsevier is a publishing company which publishes medical and scientific literature. It is a part of the Reed Elsevier group. Based in Amsterdam, the company has operations in the United Kingdom, USA and elsewhere....
. In 2003 Wolters Kluwer sold Kluwer Academic Publishers to two private equity funds who shortly after merged it with BertelsmannSpringer to form Springer Science+Business Media
Springer Science+Business Media
- Selected publications :* Encyclopaedia of Mathematics* Ergebnisse der Mathematik und ihrer Grenzgebiete * Graduate Texts in Mathematics * Grothendieck's Séminaire de géométrie algébrique...
. Wolters Kluwer Education, was sold to Bridgepoint Capital
Bridgepoint Capital
Bridgepoint is a UK-based private equity investor in companies valued up to €1 billion, including Pets at Home and Pret A Manger in the UK, Dorna in Spain, and Alain Afflelou in France.-History:...
for 700 million euros in March 2007, who renamed it Infinitas Learning
Infinitas Learning
Infinitas Learning is a Dutch educational publishing company. It was formed from Bridgepoint Capital's purchase of the educational division of Wolters Kluwer.-Imprints:*Nelson Thornes *Noordhoff Uitgevers *Liber *Plantyn...
.
Divisions
Health & Pharma Solutions:Wolters Kluwer Health & Pharma Solutions provides scientific and industry information for professionals and students in medicine, nursing, health practices, pharmacy, and the pharmaceutical industry. The division is growing and in 2008 acquired UpToDate,
an electronic clinical resource tool. The division includes Ovid Technologies
Ovid Technologies
Ovid Technologies, Inc. , part of the Wolters Kluwer group of companies, provides access to online bibliographic databases, journals and other products, chiefly in the area of health sciences...
, Facts & Comparisons, ProVation Medical, Adis International and Lippincott Williams & Wilkins
Lippincott Williams & Wilkins
Lippincott Williams & Wilkins is an academic and professional medical publisher owned by Wolters Kluwer group. It publishes textbooks, various electronic media, and over 275 journals and newsletters in the health-care field. Publications are aimed at physicians, nurses, clinicians, and students...
. In 2011, Lexi-Comp, a leading drug information provider, was acquired for an undislosed amount.
Financial & Compliance Services:
Wolters Kluwer Financial & Compliance Services provides financial services, software tools, and workflow solutions to financial organizations and risk professionals across a wide variety of industries such as financial services, insurance, life sciences, healthcare, manufacturing, transportation, energy and government. It has audit, risk, and compliance products. Its brands include ARC Logics, AppOne, GainsKeeper, and PCi, and it acquired FRSGlobal on 23 September 2010.
Legal & Regulatory:
Wolters Kluwer Legal & Regulatory maintains a diverse set of legal professional services and publications through units including CCH (Commerce Clearing House)
CCH (Commerce Clearing House)
CCH , a Wolters Kluwer business, is a provider of software and information services for tax, accounting and audit workers.-History:...
, Aspen Publishers, Kluwer Law International, Croner, and Loislaw. Its subsidiary One Legal LLC is a pioneer in online service for court filings and other legal references.
Aspen Publishers provides legal education resources through AspenLaw. This business has grown through the acquisition of Emanuel Law Outlines in 2001, and Casenotes, a Santa Monica legal studies publishing house, in 2002. The legal study aids from these businesses have been integrated into a software tool called AspenLaw Studydesk (R) that is available online. CT
CT (company)
CT is a wholly owned subsidiary of Wolters Kluwer, a multi-national information services company based in the Netherlands with operations in 26 countries. CT is the umbrella brand for two businesses: and . CT Corporation is the largest registered agent service firm in the world representing...
is another power brand of this division.
Tax & Accounting:
Wolters Kluwer Tax & Accounting provides information, research, and software tools for the global tax and accounting markets. CCH
CCH
CCH is a three-letter acronym that may also refer to:*Chief of Chaplains of the United States Army*CCH , a Wolters Kluwer business is a provider of software and information services for tax, accounting and audit workers....
is its primary brand. The CCH product Global Integrator was named 2011 "Top New International Tax Product" by accounting magazine Accounting Today
Accounting Today
Accounting Today is a trade magazine servicing the public accounting profession in the United States. Started in 1987, it quickly grew to a circulation of more than 30,000. The parent company of Accounting Today is SourceMedia. With just under 800 employees Source Media is the publisher of more...
. Other major products include ProSystem fx Suite, CorpSystem, IntelliConnect, Accounting Research Manager and U.S. Master Tax Guide.
Community work
The company is active in community work, supporting some local organizations in their charitable giving efforts.External links
- Yahoo! - Wolters Kluwer NV Company Profile
- Wolters Kluwer NV Company history at FundingUniverse