Elsevier acquires bepress, a leading service provider used by academic institutions to showcase their research

"Elsevier, the global information analytics business specializing in science and health, today acquired bepress, a Berkeley, California-based business that helps academic libraries showcase and share their institutions’ research for maximum impact. Founded by three University of California, Berkeley professors in 1999, bepress allows institutions to collect, organize, preserve and disseminate their intellectual output, including preprints, working papers, journals or specific articles, dissertations, theses, conference proceedings and a wide variety of other data....Showcasing research is critical as competition increases among institutions to secure funding and attract faculty and students. By joining Elsevier, bepress will be better able to address institutions' promotional needs, such as attracting students, faculty and grants, and preserving research data and outputs. Elsevier’s suite of research products, such as Scopus, Pure, SSRN and SciVal will enhance the breadth and quality of the reach, promotion and impact services bepress delivers to its customers...."