Springer Science and Business Media, the German scientific, technical and medical (STM) publisher is being prepared for a stock market floatation in 2006 or 2007 by its two equity owner Candover and Cinven....A source close to Candover told IWR that the timetable is for 2007, but it could come earlier. Adding that the aim at present is to have Springer "in good shape for an IPO" (initial public offering) in 2007....Derk Haank, Springer CEO has introduced changes to Springer which have improved the financial position of the company. Haank was recruited from rivals Reed Elsevier....Springer recently recruited Jan Velterop as its internal advocate for its open access publishing model Springer Open Choice.
(PS: I like the implication that creating an internal director of open access is part of Springer's strategy for shaping up the company in preparation for its IPO.)
Posted by
Peter Suber at 9/15/2005 12:31:00 PM.
The open access movement:
Putting peer-reviewed scientific and scholarly literature
on the internet. Making it available free of charge and
free of most copyright and licensing restrictions.
Removing the barriers to serious research.
