Reed Elsevier Buys Research-Collaboration Service Mendeley

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Reed Elsevier Plc, owner of the LexisNexis database, acquired Mendeley Ltd., a cloud-based research and collaboration service, to add to its scientific, technical and medical publishing.

Elsevier, the Reed division buying London-based Mendeley, will provide the acquired company’s customers greater access to content, data and analytics tools, according to a statement today. Financial terms weren’t disclosed.