Thomson Reuters has announced the acquisition of Editoria Revista dos Tribunais, a Brazilian legal publisher with over 2,000 titles and 300 employees. Almost a hundred years old, Revista dos Tribunais is an established player with a solid brand, a distribution network including 36 bookstores, and a contributor network of top authors. Terms were not disclosed.
This is the kind of acquisition that fits nicely with Thomson Reuters’ platform strategy for global acquisitions. The target company, and Brazil’s entire legal industry for that matter, is still dominated by print information resources. Thomson Reuters can build on the brand and the content that the target company bring to the table, and roll out its global Westlaw platform and other software offerings, to ramp up quickly. Source: Outsell Inc.
BIIA Newsletter June I – 2010 Issue