Aiming to grow the end-to-end services of its Thomson Scientific and
Healthcare arm, Thomson Corp. Monday acquired digital
content delivery firm Techstreet, which specializes in providing full-text
industry standards and specifications to engineers, researchers, and
technical and information professionals.
“This business provides Thomson a key source of foundational content that
is required by our customers,” said Mike Tansey, chief executive officer of
Thomson Scientific. “Adding Techstreet makes Thomson a stronger one stop
resource for technical and intellectual property information for
engineering research and development — delivering patents, journal
literature and standards information.”
Techstreet delivers full-text standards and specifications from Standards
Developing Organizations (SDOs) like the American Society for Testing and
Materials (ASTM), the American Society of Mechanical Engineers (ASME), the
British Standards Institution (BSI), the Institute of Electrical and
Electronics Engineers (IEEE), and many others. Thomson said the firm has
one of the world’s largest collections of industry standards and
specifications, most available in both print and electronic format, via
either subscription or single-document delivery.
Techstreet also has a large collection of technical books, materials
property data and technical training — from more than a thousand
publishers, industry associations and technical societies — under its
belt. Thomson noted this collection is searchable online and covers
subjects ranging from research to design, manufacturing, testing and
inspection in industries like electrical and electronics, petrochemical,
architecture and construction, food safety and public health, wastewater
engineering, information technology and aerospace/aviation.
Techstreet also supplies Web-based tools to help subscribers access and
manager their informational resources.
Terms of the deal were not disclosed. Thomson said it will fold Techstreet
in with Thomson Scientific and Healthcare. Gregg Hammerman, president of
Techstreet, and Andrew Bank, vice president of business development at the
firm, will manage the company within Thomson.
