bepress sells out

"As reported with interview text by Sue Polanka (Wright State University) in her e-book blog, No shelf required linked by Against the grain’s blog, de Gruyter has agreed to acquire Berkeley Electronic Press’s e-journal porfolio, to be integrated into de Gruyter’s existing management (and, one assumes, pricing) structure. The fact that as of the Monday after the Friday announcement, there is no mention of it on the bepress Web site, which challenges the notion that small, innovative companies-that-look-like-nonprofits can keep up the polished, high-service performance of for-profit publishers. (De Gruyter has the press release up.) ..."