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Date: Tue, 26 Feb 2013 10:34:04 +0100

PRESS RELEASE

De Gruyter Purchases Two Academic Publishers: Oldenbourg and Akademie

Berlin, February 26, 2013 – De Gruyter is proud to announce the
acquisition of two academic publishers with a long and rich tradition:
Akademie Verlag, based in Berlin, and Oldenburg Wissenschaftsverlag,
based in Munich. Both companies were acquired retroactively as of 1
January 2013 from Franz Cornelsen Bildungsgruppe, which is seeking to
streamline its business.

"The acquisition of Akademie and Oldenbourg will considerably
strengthen De Gruyter's publishing portfolio in numerous areas," said
Sven Fund, CEO of De Gruyter. Both of the newly acquired publishing
houses enjoy a strong professional reputation in the fields of
history, philosophy, business science, and several areas of the
natural sciences.

Together, Akademie and Oldenbourg published 44 professional journals
and some 400 books in 2012, including the Complete Works of Marx and
Engels, the Collected Letters of Gottfried Wilhelm Leibniz, several
recognized classics in business economics, and the renowned Tusculum
Collection. The entire backlist of both publishing houses comprises
some 4,000 titles.

"De Gruyter will invest in digitalizing the acquired publications and
in strengthening international distribution," Dr. Fund added. De
Gruyter has traditionally placed a special focus on close cooperation
with scientific academies, professional associations, and authors.
"The high quality of the scientific contributions that appear in the
journals and books published by Akademie and Oldenbourg was the key
reason for our purchase," Dr. Fund explained.

De Gruyter will preserve the offices of the acquired companies in
Berlin and Munich, as well as the group representatives in Basel,
Boston, and Peking.


Contact
Ulrike Lippe
Public Relations Manager
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De Gruyter: The academic publishing house De Gruyter can look back on
a history spanning over 260 years. The Berlin-based group of companies
releases over 850 new titles each year in the fields of medicine, the
humanities, natural sciences, and law, in addition to more than 600
journals and digital media publications. www.degruyter.com