HighWire Press Moves Out of Stanford and Becomes an Equity-funded “Inc.”
Changes in ownership in our community aren't that rare. In fact the pace of mergers, acquisitions and spin-offs has occurred at a fairly regular pace. One company in our community has experienced five changes of ownership in the past 15 years, along with several other major mergers and acquisitions during the same time period. What is more unusual in our space is when a university, a library or non-profit spins off a for-profit company. There are many successful non-profit and university publishers and many of them also have successful digital publishing initiatives.