Thomson acquires Techstreet
The Thomson Corporation has acquired Techstreet, a digital content delivery company that provides full-text industry standards and specifications.
The Thomson Corporation has acquired Techstreet, a digital content delivery company that provides full-text industry standards and specifications to engineers, researchers, and technical and information professionals worldwide.
Terms of the transaction were not disclosed.
Techstreet delivers full-text standards and specifications from the world's leading standards developing organisations (SDOs), including the American Society for Testing and Materials (ASTM), the American Society of Mechanical Engineers (ASME), the British Standards Institution (BSI), the Institute of Electrical and Electronics Engineers (IEEE), and hundreds more SDOs - giving them one of the world's largest collections of industry standards and specifications.
Most documents can be obtained in both print and electronic format, via subscription or single-document delivery.
The Techstreet offering also includes a large collection of technical books, materials property data, and technical training from over 1000 publishers, industry associations, and technical societies worldwide.
Searchable online, the content covers a broad range of subjects, including research, design, manufacturing, testing, and inspection in industries such as electrical and electronics, petrochemical, architecture and construction, food safety and public health, wastewater engineering, information technology, and aerospace/aviation.
Techstreet web-based tools and services provide subscribers with must-have information to more efficiently manage their information resources.
This enables them to build better, safer products, achieve national and international compliance for global competitiveness, and reduce the time required to bring their products to market.
"This business provides Thomson a key source of foundational content that is required by our customers", said Mike Tansey, Chief Executive Officer of Thomson Scientific.
"Adding Techstreet makes Thomson a stronger one stop resource for technical and intellectual property information for engineering research and development-delivering patents, journal literature, and standards information".
"We are very enthusiastic about the opportunities presented by joining Thomson", said Gregg Hammerman, cofounder and President, Techstreet.
"As part of Thomson, with its expertise and resources, we will continue to provide mission-critical information resources and information management tools for technical professionals".
Techstreet will become part of the Scientific business within Thomson Scientific and Healthcare, and will be managed by Gregg Hammerman and Andrew Bank, cofounder and Vice President of Business Development.
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