Wolters Kluwer

Wolters Kluwer N.V.
Type Naamloze vennootschap
Traded as EuronextWKL
Industry Publishing, information services
Founded 1836
Headquarters Alphen aan den Rijn, Netherlands
Key people Nancy McKinstry (CEO), Adri Baan (chairman of the supervisory board)
Products Health, corporate services, finance, tax, accounting, law and regulatory software, services, workflow tools and publications
Revenue €3.556 billion (2010)[1]
Operating income €481 million (2010)[1]
Profit €288 million (2010)[1]
Total assets €4.177 billion (end 2010)[1]
Total equity €1.631 billion (end 2010)[1]
Employees 18,240 (FTE, 2010)[1]
Website www.wolterskluwer.com

Wolters Kluwer N.V. (EuronextWKL) 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.[2] 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.[3] Wolters Kluwer Education, was sold to Bridgepoint Capital for 700 million euros in March 2007, who renamed it Infinitas Learning.

Contents

Divisions

Health & Pharma Solutions:[4]

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,[5][6] an electronic clinical resource tool.[6] The division includes Ovid Technologies, Facts & Comparisons,[7] ProVation Medical,[8] Adis International[9] and Lippincott Williams & Wilkins. In 2011, Lexi-Comp, a leading drug information provider, was acquired for an undislosed amount.

Financial & Compliance Services:[10]

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.[11]

Legal & Regulatory:[12]

Wolters Kluwer Legal & Regulatory maintains a diverse set of legal professional services and publications through units including CCH (Commerce Clearing House), Aspen Publishers,[13] Kluwer Law International, Croner, and Loislaw. Its subsidiary One Legal LLC is a pioneer in online service for court filings and other legal references.[14][15]

Aspen Publishers provides legal education resources through AspenLaw.[16] This business has grown through the acquisition of Emanuel Law Outlines in 2001,[17][18] and Casenotes, a Santa Monica legal studies publishing house, in 2002.[19] The legal study aids from these businesses have been integrated into a software tool called AspenLaw Studydesk (R) that is available online.[20][21] CT[22] is another power brand of this division.

Tax & Accounting:[23]

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"[24] by accounting magazine Accounting Today. 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.[25]

See also

References

  1. ^ a b c d e f "Annual Report 2010". Wolters Kluwer. http://www.wolterskluwer.com/Press/Reports/Documents/Wolters_Kluwer_2010_Annual_Report.pdf. Retrieved 13 March 2011. 
  2. ^ WoltersKluwer History
  3. ^ "Kluwer". ketupa.net. http://www.ketupa.net/kluwer.htm. 
  4. ^ wolterskluwer.com
  5. ^ Paula J. Hane (7 September 2008). "Wolters Kluwer Health to Acquire UpToDate". Wolters Kluwer NV. http://newsbreaks.infotoday.com/wndReader.asp?ArticleId=50618. Retrieved 2008-09-20. 
  6. ^ a b "Wolters Kluwer Health Reaches Agreement to Acquire UpToDate". Wolters Kluwer NV. 4 September 2008. http://www.marketwatch.com/news/story/wolters-kluwer-health-reaches-agreement/story.aspx?guid={22EDF61C-A289-4301-B4CD-23DA44BBFFB1}&dist=hppr. Retrieved 2008-09-20. 
  7. ^ actsandcomparisons.com
  8. ^ provationmedical.com
  9. ^ pharma.wkhealth.com
  10. ^ wolterskluwer.com
  11. ^ frsglobal.com
  12. ^ wolterskluwer.com
  13. ^ Aspen Publishers
  14. ^ "One Legal Announces Expansion of Online Court Filing Service". PRWeb. 15 September 2008. http://www.prweb.com/releases/2008/9/prweb1321294.htm. Retrieved 2008-09-20. 
  15. ^ "Litigation Professionals Can Now File Court Documents in Nine States Using OneLegal". PRWeb. 15 September 2008. http://7thspace.com/headlines/292945/litigation_professionals_can_now_file_court_documents_in_nine_states_using_onelegal.html. Retrieved 2008-09-20. 
  16. ^ "AspenLaw". http://www.aspenlaw.com/. Retrieved 2010-03-19. 
  17. ^ "Wolters Kluwer acquires Emanuel Publishing Corp.". Business Publisher. 2001-01-31. http://www.accessmylibrary.com/coms2/summary_0286-10423239_ITM. Retrieved 2008-09-20. 
  18. ^ "Acquisition for Wolters Kluwer". 2001-01-25. http://www.highbeam.com/doc/1G1-69554439.html. Retrieved 2008-09-20. 
  19. ^ "Legal Study Aids Publisher Will Become Part of Aspen Publishers". 2002-03-26. http://www.accountingweb.com/cgi-bin/item.cgi?id=75989. Retrieved 2008-09-20. 
  20. ^ "Wolters Kluwer at the 2007 Frankfurt Book Fair". http://www.earthtimes.org/articles/show/news_press_release,195279.shtml. Retrieved 2008-09-20. 
  21. ^ "AspenLaw Studydesk demo". http://www.AspenLaw.com/Studydesk. Retrieved 2008-09-20. 
  22. ^ "First East Side Savings Bank Selects Wolters Kluwer Financial Services' ComplianceOne Solution". Wolters Kluwer. 10 September 2008. http://www.wolterskluwerfs.com/NewsEvents/PressReleases/Archive0807/press091008b.html. Retrieved 2010-03-19. 
  23. ^ wolterskluwer.com
  24. ^ Top New International Tax Product
  25. ^ "Women Helping Women raises $103,000". Evanston Review. Sun Times News Group. 12 September 2008. http://www.pioneerlocal.com/evanston/lifestyles/trend/1151409,on-zach-091108-s1.article. Retrieved 2008-09-20. 

External links