Acquisitions1 Mar 2024, 02:40 am
MPS Limited Acquires AJE to Scale AI Capabilities and Enter B2C Market
AI Summary
MPS Limited, a global provider of content and platform solutions, has acquired Research Square AJ E LLC, including its subsidiary American Journal Online, to scale its AI capabilities and enter the B2C market. The acquisition marks MPS' entry into the B2C marketplace and significantly enhances its AI capabilities. The strategic move is expected to have a meaningfully positive impact on MPS' scale agenda and diversify its business.,
Key Highlights
- MPS acquires AJE to scale AI capabilities and enter B2C market
- Acquisition includes Curie, an AI-powered writing assistant
- MPS now stands as the only global player with end-to-end capabilities to service academic publishing from author to researcher
- The acquisition aligns with MPS' growth strategy called 'Supercharging Gestalt'