ProQuest announced today that it is acquiring Coutts and MyiLibrary from Ingram Content Group. It is also “entering into a strategic partnership” with Ingram for print distribution.
Without knowing how long this has been in the works, the easiest interpretation of this move is that it is a response to EBSCO’s purchase of YBP (see earlier coverage of that development here). ProQuest is selling this acquisition as a further expansion of its ebook content (adding MyiLibrary titles to the Ebrary and EBL titles already available from ProQuest). At the same time, these statements say that nothing will change immediately for current MyiLibrary customers. ProQuest also promises this will not delay the ongoing integration of the Ebrary and EBL platforms.