Springer Science+Business Media acquires complete journal program from Transaction Publishers

February 20, 2007

In a move that will significantly expand its social sciences offering, Springer Science+Business Media (Springer) has acquired twenty-nine journals from Transaction Publishers in an asset deal. The titles, including the flagship journal Society, are at the forefront of contemporary thought in established disciplines such as political science, history, sociology, anthropology, and psychology.

This acquisition links complementary publishing programs and strengthens Springer's existing position in the humanities and social sciences. Springer's portfolio in this area includes leading journal titles such as Theory and Society, Sex Roles and Policy Sciences.

"The conversations we had with the Springer team were friendly and in the spirit of shared values. From the outset we wanted to find the best home for the journals and we are extremely pleased to see that this has happened. The longevity of the journals is now guaranteed," said Irving Louis Horowitz, Chairman of the Board of Transaction Publishers.

Alexander Schimmelpenninck, Springer's Vice President of Human Sciences, said "The acquisition of these respected journals demonstrates our commitment to quality and continued development in our humanities and social sciences publishing program. Furthermore, we are delighted that Dr. Horowitz will continue in the capacity of Senior Editorial Advisor to Springer."

"It is a rare opportunity and privilege to be entrusted with this list which has been carefully built up during a 45-year tradition of groundbreaking scholarship and entrepreneurship," said Bill Tucker, Executive Editor, at Springer. "We are looking forward to a smooth transition to Springer so that the journals can continue to grow and flourish under our careful leadership, particularly with regard to their global electronic presence."
Springer Science+Business Media (www.springer.com) is one of the world's leading suppliers of scientific and specialist literature. It is the second-largest publishing group in the science, technology, and medicine (STM) sector and the largest business-to-business publisher in the German-language area. The group publishes over 1,700 journals and more than 5,500 new books a year, as well as the largest STM eBook Collection worldwide. Springer has operations in over 20 countries in Europe, the USA, and Asia, and some 5,000 employees. In 2006, it generated annual sales of around EUR 924 million.

Transaction Publishers (www.transactionpub.com), located on the campus of Rutgers University, the State University of New Jersey, is a major independent publisher of social scientific books, periodicals and serials. Transaction offers publications in older, established disciplines such as economics, political science, history, sociology, anthropology, psychology, as well as recently established disciplines ranging from area research to urban studies, policy analysis, philosophy of social science, organizational behavior and criminology. In negotiations with Springer, Transaction Publishers was represented by The van Tulleken Company (www.vantulleken.com).


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