tag:blogger.com,1999:blog-1527613590529958801.post5719999919710871857..comments2024-03-21T19:08:05.737-07:00Comments on Genealogy's Star: Who owns the genealogy companies? Part NineJames Tannerhttp://www.blogger.com/profile/02989059644120454647noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1527613590529958801.post-88531052983703149722010-06-09T14:44:50.615-07:002010-06-09T14:44:50.615-07:00ProQuest does have a confusing history. PQ was a p...ProQuest does have a confusing history. PQ was a publicly-traded company with three primary divisions, and then the CFO did some very dumb and very bad things, which pretty much destroyed most of the company. One of the three divisions was sold to Snap-On Auto Parts -- this section, which did something with auto manuals, was the only division *not* based outside Detroit! Another section was sold to Cambridge Information Group (CIG). This section included all library-related products, including the genealogy ones. The last section moved to Texas, where their largest (earlier) acquisition was located, and focused on selling products to the K-12 market.<br /><br />When CIG bought the "Information & Learning" section, they also bought the "ProQuest" name, then applied it to the entire library products conglomerate. "ProQuest" is sufficiently well-known in the library market that it was worth keeping. CIG is a privately-held company, so PQ is now privately-held. The old NYSE stock is now traded on the 'pink sheets' under some other name, and is basically worthless. <br /><br />CIG is a well-run company and has brought a lot of strength back to ProQuest and the PQ name.Anonymousnoreply@blogger.com